This scrip is expected to give breakout as it is on the verge of breakout. So traders keep on your radar to catch the momentum and enjoy the profit. Thanks to all 🙏🙏
* Multiple chart pattern breakout at a time is powerful compare to single chart pattern breakout .
* #kitexgarment breakout with extremely high volume .
This stock has been consolidating in a range of 100 to 115 since long time. In last session it has been closed above 50 SMA with heavy volume. Buy above 115, SL 106, Tgt 8 to 10%. For educational purpose only. Kindly contact your financial advisor before entering any trade.
Rectangular Box forming on Daily Chart of KITEX GARMENTS. BUY 121, SL 104, Target(s) - 135, 145. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Buy KITEX between 108 and 93
T1: 165
T2: 198
T3: 230
SL: 68
PS: This trade is only for aggressive traders who can trade in tiny quantity. Conservative traders can ignore this trade.
i feel it will cool off lil bit before the actual break out!
Disclaimer:I am NOT SEBI registered. THE OPINION GIVEN OR THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
looking good for long trm. keep on radar!
Disclaimer:I am NOT SEBI registered. THE OPINION GIVEN OR THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
After making Wedge Pattern (shown in graph). Share has made a break out from it with MARUBOZU candle (shown in blue box). On the basis of week graph analysis , Upcoming Mark Up phase could be expected after Accumulation phase. Share price will go up.
Kitex:299 is having a Double break out, first from the Bottom support turned resistance
(Green line) & secondly from the falling trend line resistance (Blue line). Next target 380 Stop:270
