KIRLOSENG trade ideas
KIRLOSENG KIRLOSKAR OIL ENGINE LTD (4 HR)
CMP 1219
Trading in channel and taking support from previous demand zone
Turning Bullish: KIRLOSENGThe stock has bounced strongly from the strong support level.
The volume spurt also confirms the Reversal Trend.
KIRLOSENGEntry: above 1350
SL: 1295
● EMA's : EMA 10 > EMA 21 > EMA 50 > EMA 150 > EMA 200.
● Good up move of 50%
● Small base BO
● Declined volumes in base
Kirloskar Oil Engines Limited - Breakout Setup, Move is ON...#KIRLOSENG trading above Resistance of 1066
Next Resistance is at 1444
Support is at 688
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Kirloskar Oil Engines Limited - Long Setup, Move is ON...#KIRLOSENG trading above Resistance of 688
Next Resistance is at 1066
Support is at 454
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
KIRLOSENG bullish; above 950 ? - Tuesday 23-Apr.The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below...
SWING Trading Strategy:
Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%)
INTRADAY Trading Strategy:
1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within five to 15 minutes. "High Risk Traders" buy in hope of another 2% upmove intraday.
"High Risk Traders" patiently wait through the Pullback-Consolidation stage to realize profits. High risk/High reward set up as breakouts may fakeout (reversal)also
2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage").
Safe traders with minimum risk profile wait for a breakout from the consolidation to enter at this stage to relize high profits in the final intraday final "Breakout continuation" stage
3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again.
Both Safe Traders/High Risk Traders book profits at this stage
This do not constitute, financial, investment, trading, or other types of advice or recommendation.
KIRLOSENGit has given good up move in short span. still it has 30% upside however the best could be a profit booking and then up move.
trail ur stop loss and hold ur profit
Kirloskar Oil Breakout and Tempting PatternsKirloskar Oil Breakout :-
Kirloskar Oil has successfully broken out, retested, and now presents a compelling entry pattern. Check the chart for detailed levels.
This analysis is for educational purposes only; we don't endorse the trade.
Kirloseng| Breakout of Symmetrical TriangleDisclaimer: This is NOT a recommendation to trade, but my own observation. Please do your own analysis before entering positions.
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1. Price has been forming a Triangle Pattern.
2. Breaks out with HH, HL movement.
3. Sustaining well after breakout. After some consolidation, a good move is expected.
Entry: 561
SL: 532
Tgt: 627
RR: 2.45
Ascending triangle breakout - KIRLOSENGPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking for long term.
Kirloskar Oil Engines LtdKIRLOSENG – Short term
looking good, so keep it on your radar to catch the momentum
Buy above 553 | Tgt 564, 574 | sl 538
It is my view, to trade on your analysis.
Kirloskar Oil enginesEntered for swing trade Taken support at the red line and closed above week open
Kirloskar oilKirloskar oil.. in nov it was shared when it was around 277 level...now trading around 500 ..almost 2x with in 10 month..now again given a big breakout... CMP 480...pattern target is around 700+
Kirloskar oil engines analysis Please note this is for education purpose only. Please do own research before you take a trade.
Symmetrical Triangle BO 📌Breakout Attempt
#KIRLOSENG
✅Keep in your Watchlist
✅15m TF BO done with Volume
✅Overall market is weak though
Symmetrical Triangle Pattern📌Symmetrical Triangle Pattern 📊
✅Keep in your Watchlist
- Forming Handle of Cup & Handle Pattern
- Volume and Volatility Contraction
- Above Key EMAs
- Bullish RSI
KIRLOSKAR OIL Trendline Break1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula: - Stop Loss Amount/(Buy Price - Initial Stop Loss Price)
4. Sell on initial Stop Loss hit or RSI close below 40
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high volume
c. Exhaustion gaps
d. Heavy daily volume without further upside
e. Largest one day price drop
After a mild pullback NSE:KIRLOSENG is trying to resume its uptrend, one can buy the share with a stop at ₹386.50
Disclaimer: I am not SEBI Registered. Do trade or invest at your own risk, I am not responsible for any losses and won't claim anything from your profits either. Take financial advice from your advisors before jumping in.
BREAKOUT, KIRLOSKAR OIL&ENG, 55% RETURNBUY - KIRLOSKAR OIL & ENGINES
CMP - Rs. 403
Target - 1: Rs. 552
Target - 2: Rs. 625
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Timeframe - 6-8 months
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Technicals - Ascending Channel Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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KIRLOSENGKIRLOSENG
Time Frame - Daily
Study - Flag and Pole pattern
SL may be place near 340-345 zone
It may see upside 430, 452 and also more upside as per volume spikes
This chart is only for educational purpose, do your own study before taking any trades.
No trading recomendations
KIRLOSENG - Ichimoku Bullish Breakout Stock Name - Kirloskar Oil Engines Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 420
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
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Long in KIRLOSENGGood price contaction.
Looks sustainable, Early entry with tight stoploss should be the plan
