KNRCON is in uptrend, after wave one along with a corrective pattern it should start a fresh to begin wave 3. wave 3 will be the biggest and longest wave. look for it get a good profit.
Disclaimer:I am NOT SEBI registered, Just trying to learn to predict share price movement. 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.
News(Catalyst) : KNR Constructions receives sanction from bank to finance HAM Project worth Rs 1,234 crore
buy above 209
target 214
RSI showing upward momentum
increase in volume important
The stock seems to give a descending triangle breakout with a high volume at the start. Currently the volume is less than average and the stock has corrected a bit but has managed to hold on the support line of Rs 302. Is this stock a candidate for long term hold or has it run out of steam?
Should we book the profit or hold (and expect it can withstand the small...
