KRBL is worlds leading basmati rice producer and has fully integrated operations in every aspect of basmati value chain, right from seed development, contract farming, procurement of paddy, storage, processing, packaging, branding and marketing.(Source : 202003 Annual Report Page No:181)
Disclaimer: This analysis is solely for educational purposes...
Greenlines = Possibilities
Redline = Plan failed, get out.
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KRBL go long on 330 to 340 area stop loss 300 with positve price action there now trading around 349 any dip can bought out this stock is looking good prospect to go higher levels target of 380,400,440 to 500 levels in long term.
330-340 area Buy( or buy at 350 stop loss 330 keep buffer 10 points)
300 Stop loss
Targets 380,400,440 and 500
KRBL is one of the leading stocks in basmati rice export(holding company of India gate brand)
Recently, Indian government has put a ban on non-basmati rice exports which has led to increase in price of basmati rice in the world.
However, despite of the positive news for the stock, no major price change was observed in chart.
The stock is available at a PE of 12...
BUY - KRBL LTD
CMP - Rs. 399
Target - 1: Rs. 507
Target - 2: Rs. 638
Timeframe - 6-10 months
Technicals - Bullish Triangle Breakout
This is just a view by an expert analyst, please invest at your own risk.
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closing above the weekly trendline around 410
nicely poised for 35% to 40% gains in coming months
after that it can move towards 675
cmp is 412.90
This analysis is being done for educational and knowledge-sharing purposes.
This article does not offer any kind of buy or sell advice.
All stocks are positional and are held for a short to medium period of...
The stock is testing it's 6 year old trendline. It has made a double bottom pattern as well.
Buy above 421 and carry only on Day closing basis.
Positional targets will be 445, 468 and 500.
KRBL Limited is an Indian rice processing and exporting company, and the world's largest rice miller. The company posted decent Quarterly results today.
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krbl- inverted H & S- min 40-50% swing trading
more probability for bullish..
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