KNRCON | Monthly | Bullish Harmonic Setup (SMC Confluence)This chart highlights a completed Bullish Harmonic Pattern (XABCD) on the Monthly timeframe, indicating a potential long-term trend reversal after an extended decline.
🔷 Pattern Structure:
XA → AB → BC → CD respected harmonic Fibonacci relationships
D point completed near the PRZ (Potential Reversal Zone)
Strong confluence with deep discount zone & historical demand
📐 Key Fibonacci Observations:
AB ≈ 0.546 retracement of XA
BC extension around 1.41–1.50
CD completion near 0.886–0.90 retracement of XA, aligning with strong support
📈 Trade Idea:
Bias: Bullish reversal / accumulation phase
Entry zone: Near PRZ (D zone)
Invalidation: Below harmonic completion low
Upside targets:
First: Structure resistance
Extended: Prior supply zone / 1.272–1.618 extensions
🧠 SMC Logic Applied: Price has delivered liquidity to the downside and reached a higher-timeframe discount zone, suggesting smart money accumulation rather than continuation selling.
⚠ Note: This is a higher-timeframe idea. Lower-timeframe confirmation (BOS / CHoCH) is recommended for precise entries.
📌 This analysis is for educational purposes only. Not financial advice. Always manage risk.
KNR Constructions Limited
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What traders are saying
Understanding Resistance Turned Support & Doji Candle Patterns📈 Understanding Resistance Turned Support & Doji Candle Patterns: A Case Study on KNR Construction Limited
🔹 1. Resistance Turned Support Levels/Zone
Resistance is a price level where selling pressure historically outweighs buying, causing the stock to struggle moving higher.
When price breaks above resistance, that level often becomes a support zone. This is because traders who missed buying earlier now see it as a favorable entry point, while previous sellers may re-enter as buyers.
This phenomenon is called “role reversal” in technical analysis: resistance becomes support, and vice versa.
👉 In KNR Construction Limited, the price has approached such a resistance-turned-support zone around ₹167, making it a critical level to watch.
🔹 2. Doji Candle Pattern at Support Levels
A Doji candle forms when the opening and closing prices are nearly equal, reflecting indecision between buyers and sellers.
At support levels, a Doji can signal:
Sellers are losing strength.
Buyers may step in to defend the level.
A potential trend reversal or consolidation.
The reliability of a Doji increases when it appears at key support zones, especially after a downtrend or correction.
👉 KNR Construction’s monthly chart shows a Doji at support, hinting at possible stabilization and a chance for buyers to regain control.
🔹 3. Current Opportunity in KNR Construction Limited
With price at ₹167 near its support zone, the stock presents a potential buying opportunity for swing or positional traders.
The Doji pattern adds weight to the idea that the level could hold, offering a low-risk entry point.
🔹 4. Risk Management: Stop Loss Strategy
No trade is complete without risk management. Here’s how traders can approach it:
Entry Zone: Around ₹167 (current support).
Stop Loss: Place below the support zone, to protect against breakdowns.
Target Levels: If support holds, price could retest higher resistance zones
Risk-Reward Ratio: Aim for at least 1:2, meaning potential reward should be atleast twice the risk.
📊 Key Takeaways
Resistance turned support is a powerful concept in technical analysis, often marking strong zones for entry.
A Doji candle at support signals indecision but can precede reversals when combined with strong levels.
KNR Construction Limited’s chart setup offers a textbook example of these principles, but disciplined stop loss placement is essential to manage risk.
KNRCON LONGAccording to the Elliott Wave Theory, the Elliott Wave Structure describes the pattern and arrangement of price movements in financial markets.
Based on extensive analysis, it appears that the stock has completed waves (1) to (5) (Impulse wave) on the daily chart. corretive wave is unfolding in (A)-(B)-(C) in blue colour. Wave (A) is about to finish and wave (B) will unfold in the A-B-C pattern in red colour.
It is expected that Wave (B) in blue colour will extend upto 50% from Wave (5) to wave (A) in blue colour.
It is shown on chart as per Fibonacci retracement.
It is advisable to aim for a target of 50%, in order to be on the cautious side.
The falling wedge pattern formed on the chart. (The falling wedge is a bullish reversal pattern)
Wave (B) is anticipated to be comprised of approximately three subdivisions. after that Wave (C) will unfold.
I am not a registered Sebi analyst. My research is being done only for academic interests.
Please speak with your financial advisor before trading or making any investments. I take no responsibility whatsoever for your gains or losses.
Regards
Dr Vineet
KNR Constructions LtdDate 24.09.2025
KNR Constructions
Timeframe : Weekly Chart
About
Infrastructure project development company providing EPC services in segments such as roads and highways, irrigation and urban water infrastructure management
Service Offerings
(1) Highways
(2) Flyovers & bridges
(3) Irrigation systems
(4) Urban water infrastructure
(5) Urban development
Execution Capabilities
(1) Company has delivered 79 infrastructure projects
(2) Across 11 states in India
(3) Amounting to a total value of Rs. 16,198 Cr
(4) Executed 8,700+ lane kms of roadways
Clientele
NHAI, APRDC, MoRTH, GMR Projects, NMDC, Oriental Structural Engineers, Telangana Irrigation, KRDCL
Order Book
EPC order book of Rs. 3,888 Cr
Anticipates an order inflow of Rs. 6,000 Cr to Rs. 8,000 Cr by Q2 FY26
Segment Wise:
(1) Roads: 46%
(2) Irrigation: 26%
(3) Pipeline: 28%
State-Wise:
(1) AP & Telangana: 71%
(2) Karnataka: 13%
(3) Kerala: 11%
(4) Tamil Nadu: 5
Valuations
(1) Market Cap₹ 5,763 Cr
(2) Stock P/E 5.56
(3) ROCE 28.6 %
(4) ROE 27.2 %
(5) OPM 35%
(6) PEG 0.12
(7) Profit Growth 27% (TTM)
(8) Book Value 1.2X
Regards,
Ankur Singh
Buy, Sell or Skip? Read Breakouts and VolumesExplore how to judge breakouts using TradingView's bar replay, leveraging 3-month-old charts and price action principles that apply from 5-min to monthly timeframes. Sharpen your technical edge—educational insights only.
Disclaimer: This content is for educational purposes and not financial advice. Always do your own research before making trading decisions.
KNRCON – Volume Surge Near Breakout ZoneNSE:KNRCON
📈 KNRCON – Volume Surge Near Breakout Zone 💥
\ Date:\ June 26, 2025
\ Chart:\ Daily | NSE: KNRCON
\ KNRCON is showing signs of accumulation and potential reversal after forming a strong base around ₹192–206. Today’s bullish candle backed by 15.38M volume (847% above average) suggests institutional accumulation.
The stock is currently testing the 78.6% Fibonacci retracement level near ₹240. A breakout above this level may confirm a trend reversal.\
---
\ 🧠 Technical Highlights:\
\
\ \ Trend:\ Attempting reversal from a downtrend that began at ₹415.40
\ \ Volume Spike:\ 15.38M — 847% above average volume
\ \ Resistance Zone:\ ₹240.24 (Fibonacci 78.6% level)
\ \ Momentum Indicator:\ RSI \~65 and rising
\ \ EMAs:\ Price above 20 & 50 EMA; 200 EMA overhead at ₹259.64
\
---
\ 🔔 Trading Strategy\
\ \ Bullish Setup:\
Buy on breakout above ₹241 (close basis) with volume confirmation\
\ Targets:\
\
\ T1: ₹254
\ T2: ₹277 (Fib 61.8%)
\ T3: ₹303 (Fib 50%)
\
\ Stop Loss:\ ₹220
\ Trail SL:\ Shift SL to entry once ₹254 is crossed
---
\ ⚠️ Disclaimer:\
\ This analysis is for educational and informational purposes only and does not constitute investment advice. Please consult a SEBI-registered advisor before making any trading decisions. Market investments are subject to risks.\
20% TechnoFunda Idea - KnrconFundamentals:
KNR Constructions is one of the leading companies in the Roads and Highways sector having executed 6,000+ lane km of projects across 12 states in India. The company also has an established presence in Irrigation and Urban Water Infrastructure Management.
Company is expected to give good quarter in its meeting on 29th May.
Company has delivered good profit growth of 23.9% CAGR over last 5 years
Technicals:
Wave - The stock downtrend has ended with the marking of Wave 5 on the downside and
oscillators turning positive.
Trend - Has turned positive with the upward breakout from the downward sloping LR
Channel.
Its a safe bet with a target of at least 280.
KNR CONSTRUCTIONS DATE 16.022025
KNR CONSTRUCTIONS
DAY CHART
Results Impact
The company reported a 83 per cent rise in consolidated net profit during the third quarter to Rs 248.28 crore, as compared to Rs 135.68 crore in Q3FY24. However, the company's total revenue from operations slipped 15 per cent to Rs 848.1 crore, compared to Rs 9,960.1 crore year-on-year (Y-o-Y).
Overview On Company
KNR Constructions is a multidomain infrastructure project development company providing (EPC) engineering, procurement and construction services across various fast growing sectors namely roads & highways, irrigation and urban water infrastructure management. Its project execution strength primarily is in road transportation engineering projects namely construction and maintenance of roads, highways, flyovers and bridges wherever integral to the projects undertaken.
Key Highlights From Balance sheet
Market Cap ₹ 6,935.25 Cr II Enterprise Value ₹ 6,700.64 Cr.
P/E 8.17 II P/B 1.79
Book Value (TTM) ₹ 137.59 CASH II ₹ 234.60 Cr.
DEBT ₹ 0 Cr II Promoter Holding 48.81 %
EPS (TTM) ₹ 30.18 II Sales Growth 9.27%
ROE 16.57 % II ROCE 24.12%
Profit Growth
-1 %
Technical Analysis Remarks
1 Closing below 200 EMA & Symmetrical Triangle under corrective wave
2 It will have a projection wave A around 220
3 We will review it again around 220 based on divergence at rsi & price action
Regards,
Ankur
KNR Constructions Ltd. ( 40% upside potential)
Sector: Construction - Infrastructure
WTF as we can see MTF & DTF structure bullish and price makes HH & HL pattern and now price in DAILY demand zone with RSI bullish divergence and bollinger band lower band support.
LTF say 1H mitigation in DTF demand zone with RSI bullish divergence and bollinger band lower band support.
on DAILY TF RSI N BOLLINGER BAND also support the IDEA...
counter trendline (345-350) on daily chart & 375-380 on HTF may react as a resistance once it broke it will b rocket...
one can apply BUY ON DIPS strategy OR finally wait for extreme zone for better RR.
price may face at resistance ( HTF supply zones are self explanatory )
so plan your trade accordingly...
Who's gonna trade with me for this trade IDEA let me know.....
KNR Posted Good Numbers for Q2 FY 24-25NSE:KNRCON Posted Good Q2 Numbers for FY 24-25 with Margin Expansion. It provides EPC services in segments such as roads and highways, irrigation, and urban water infrastructure management.
Results Snapshot:
QoQ Sales: 97.4 %
QoQ Profits: 249 %
YoY Sales: 87.3 %
YoY Profits: 216 %
OPM%: 45%
Currently Trading at 7.91 times P/E. with Book Values/Share of 2.08.
275-277 is a good zone to add.
344-351 is Crucial for sustained up-move.
🙋♀️🙋♂️If you have any questions about this stock, feel free to reach out to me.
📌Thank you for exploring my idea! I hope you found it valuable.
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Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
KNR CONSTRU LTD NSE:KNRCON Stock has the best support at the level of Rs 330 ,
You can buy this stock when it crosses and sustain above Rs 350 ,
The stock can go from 365 to 370 as the first target,
The second target is 380 to 388 .
The third target is 400 to 410 ,
stoploss blow 330 rupees (at least 1 day candle closed.)
Unlock KNRCON’s : Riding the Bullish Breakout to New HighKNR Construction Ltd (KNRCON), a few key features can be observed:
Weekly High: Around 415
Weekly Low: Around 202.53
Current Price: Around 352.95
Breakout Structure (BOS): The stock seems to have experienced a breakout above resistance.
Here’s a potential trading strategy based on the current data:
1. Support and Resistance Levels:
Resistance Level: ~415 (near the weekly high) – if the stock moves towards this level, it could face selling pressure.
Support Level: ~308 (50% Fibonacci retracement) – this can act as a strong buy zone in case of a correction.
Long-term Support: ~202 (weekly low) – strong support level.
2. Entry Strategy:
Breakout Trading: Since the stock has broken out from a previous resistance (BOS), a good entry point would be around the current price (352.95), with a target near the next resistance level (415).
Pullback Entry: If the stock retraces, consider entering around the 50% retracement level (308) with a stop loss below the next support level (255).
3. Stop Loss:
For an aggressive trade, place the stop loss around 308.
For a more conservative approach, place the stop loss around 255 (75% Fibonacci retracement).
4. Target Levels:
First Target: ~388 (previous highs)
Second Target: ~415 (weekly high)
Long-Term Target: If momentum remains strong, potential breakout beyond 415 could lead to a higher upside.
Cup and Handle Breakout: KNR CONSTRU LTD (KNRCON)KNR CONSTRU LTD has successfully broken out of a cup and handle pattern, suggesting a potential uptrend.
Moving Averages: The 20-day and 50-day exponential moving averages are both above the price, suggesting a bullish trend.
RSI: The RSI is currently above 50, indicating a bullish trend. However, it is approaching the overbought zone, which could suggest a potential short-term pullback.
MACD: The MACD line is above the signal line, indicating a bullish trend.
The target 1 around ₹400, Target 2: ₹480 , and a stop-loss can be placed below the handle at around ₹300.
Disclaimer: This analysis is based on historical data and technical indicators. It does not constitute financial advice. Always consult with a financial advisor before making investment decisions.






















