Breakdown witnessed from key levels. Macd also indicates bearishness. Lower High Lower Low setup
#KOVAI trading above Resistance of 2311 Next Resistance is at 2937 Support is at 1925 Here is previous chart: Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your...
1.hardly a downside 2. very long base formation at top 3. volatility contraction 4. PE 19 vs industry PE 47 trede plan - based on price action post breakout
BREAKOUT RETEST Buy @ cmp & add in dips till 1250 | WCBSL 1020 | Tgt 1750 / 2200 / 2550+
KOVAI (KMCH) | Trendline breakout + 200 EMA support - Looks potential for 20% CMP : 1587 (Dip : 1550) SL : 1470 Target : 1870 1:3+ risk reward setup P.S : Stable stock, but average daily volume is very low
This scrip is expected to give breakout in the coming days as it had closed strongly and we expect the same in the coming days. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
A nice triangle base formation Volatility contraction Dried up volume Good potential for upside
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All technical indicators looking good for Kovai Medicals
I am accumulating it gradually. 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.