KNR constructions longLong KNR constructions
CMP 265
Triangle breakout with good volume.
It can be fake breakout
So,
Buy Above 277
Stoploss 226
Swing Trade
Target 1 299
Target 2 310
Long Term
Target 1 317
Target 2 339
KNRCON trade ideas
KNR Constructions Hold 1 to 3Month
Risk 6%
1:5 Profit
SL day candle close only, Target Trigger Price
All detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 in first target. This is not call, Just my idea. Please understand your risk and take full responsibility of your actions
KNRConstruction-A breakout for big returns!KNRConstruction is an undervalued infra theme stock which is looking strong on chart.
It has given a flag breakout and above its ATH, it has potential to fly.
Q4 results of stock are amazing and it can fuel the rally.
Keep in watchlist. Not a recommendation
Breakout : Pattern Repeating itself The stock has consolidated for close to 3 years (since 2021) and a above 340 can be a confirmed breakout. In 2020 it gave a breakout from 175 and rose 165 points during 6 months( almost doubled). Prior to this stock had consolidated for a period of 3 years.
Volume breakout is another indicator.
So there is a similarity in the period of consolidation and the pattern.
Target 500
KNRCON - Perfect example of how history repeats itself1. KNRCON between 2014 - 18 gave approx 160 points move and then consolidated for 1100 days.
2. Post breakout it again extended 160 points of move, giving a perfect textbook example.
3. It then consolidated for another 1100 days and finally giving another breakout.
Safe entry - 305-315
50% entry - 320+
Avoid in case of gapup above 330 (exit poll can trigger gap up)
SL- 290 (day closing)
Target - 350, 380, 400
There are 2 intraday stocks & 1 long term pick, check profile details to get access to other ideas for next week.
Thanks
Piyush Gupta
Learn & Earn
KNR Constructions (Trendline Breakout Setup On WTF)KNR Constructions has given a trendline breakout on the Weekly time frame. The stock can head towards 350, and 370 levels in the coming few weeks. Also, good volume can be seen on the weekly closing candle. The stop loss can be placed at the 279 level.
Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a financial advisor before making any investment. It is not a buy or sell recommendation.
KNR CONSTRUCTIONS - SWING TRADE - 21st January #stocksKNR CONSTRUCTIONS (1W TF) - 21st Jan, 2024
Pattern: FALLING WEDGE BREAKOUT
- Trendline Breakout - Done ✓
- Weekly Volume Spike - Done ✓
- Retest & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #KNRCON
KNRCON AT BREAK OUT WITH VOLUMEKNRCON AT BREAK OUT LEVEL AT 281 LEVEL. AND NEED TO SUSTAIN ABOVE THAT LEVEL. 5 MONTH RANGE BREAK OUT AT 281.
TARGET - 300
SL - 261
FOLLOW RISK REWARD
Disclaimer -
videos, presentations, and writing are only for educational purposes and are not intended for investment advice. I can't promise the accuracy of any information provided. please consult with your financial advisor.
Symmetrical Triangle Breakout With High Volume Looking Strongsymmetrical triangle pattern breakout with high volume
RSI also Gave breakout and now trading at 62 Should hit 80 so more upside possible From here
Broke three year old trend line should give good momentum from here
EMA ADX MACD BOLLINGER BAND ALL INDICATOR SHOWING STRENGTH :-KEEP IN RADAR
KNR CONSTRUCTIONS STOCKNSE:KNRCON stock is break the symmetrical triangle pattern.
Buy entry is break and sustain above the 306 level.
Target 1 315 to 320.
Target 2 330 to 345.
Target 3 375 to 385.
Target 4 410 to 435.
stop loss break and close below the price level 250.
KNR construction - long 25 % upmoveKNR construction
price is at 200 day EMA and also testing neckline of previous rounding bottom
MACD 12-26 crossover
momentum is yet to set in ...can accumulate at current levels
KNR CONSTRUCTION (bullish channel)KNR Construction is in a parallel channel which is making HLs. Any breakout above the channel will lead to 30% move.
NOTE: I'm not a SEBI REG. Study before investing.
KNRCON Swing Long Setup - Knrcon is currently a C+ OR B type setup
- Do not initiate any entries as of now
- Wait for a perfect setup to form entering imbalanced setup can leak your gains for no reason
KNR CONcandle is currently sitting on the support line, making its move to the resistance line. enjoy the 10% ride while you can
Weekly chart Swing - KNR CONSTRUCTIONS LIMITEDKNR CONSTRUCTIONS LIMITED- Weekly chart
After 2 Years correction trend line Breakout happened.
02/12/2023
Swing trade
CMP 285.60
Stop loss - 188
Target 330, 362, 460, 620
Amazing breakout on Weekly / Daily Timeframe - KNRCON
Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
#KNRCON - Ready For Big Move !#KNRCON (W)
- Strong Breakout Candidate
- Sym. Triangle Pattern BO
- Trading 52 weeks’ High
- Strong Bullish Momentum
- Massive Volume Buildup
- Looks ready for 330/360+
- TF ≈ 3-4 months
#Investing
Amazing swing trading idea for 22 November Markets I daily make educational content videos for swing / positional trading
