KSCL trade ideas
KSCL: Broken Triangle Sell@ 489.1 SL 500 TGT1:473 TGT2: 455KSCL broken down with close to 3 times its avg volume today on NSE with OI close to 70% qualifies SELL @ 489.1 with SL of 500 and Target 1 at 473 and Target 2 at 455.
Long term investment - Kaveri SeedsBuy Kaveri seeds with long term perspective and add on dips upto 460 and hold for 2-3 years.
Only for patient and long term players.
#KSCL near Good Support KSCL near good Support breaking of this support will further weaken it. Next support zone is 450 if break 500.
KSCLBelow 510 KSCL can Test 494-473-452
In Corrective Wave C it Has Targets Mention as Above.
KSCL Has not participated in recent rally and Looking Weak.
KSCL option trading based on S&RKSCL is consolidating between 500 to 600.
sell KSCL 600CE far CE conservative entry at 9.15
sell KSCL 580CE for aggressive entry 16.6
Short term long & Long term on Pull back This is on contracting Flat correction , once it hits 555+ rang it will head for one more correction near 460 the Next impulsive Long term wave can be expected
KSCL, LONG, TARGET-600, STOPLOSS-520Share is making Rectangle pattern, while moving sideways in a channel (shown in black box). Share has already made Triple Bottom in the rectangle pattern. In last four candles, share has made Inverted Hammer Pattern followed by Three White Soldiers (shown in blue box). All these Patterns predict Bullishness. It will reach 600.
Sell on Rise I am looking to sell with reversal sign in 30 Min Chart with stop 595 on CLB for Target of 535
Regards
SHORT : Victor Sperandeo 2B Pattern Price formation qualifies of a short as per Victor Sperandeo 2B Pattern. Price closed above the previous high yesterday with good volume but got rejected immediately and closed below to low of yesterday. We can short the stock with stop loss of just today's high. Risking the small amount gives an opportunity for a decent Risk to Reward ratio.
KaveriSeeds Cup n Handle BreakoutKSCL completed the cup and handle, also the BAT, right on the neckline. Awaiting a Brekout/reversal on the event of result
KSCLKSCL has just seen volume invitation and it retreated when it is down to its support. Today's price action clearly supports of revival. Buy when it touches the entry line with a stop loss.
KSCL looks bullish in medium term to long term. In weekly, price bounced from ascending channel support and moving towards the channel resistance.
sl - 525 tgt1 - 705, tgt2 - 740.
.made a beautiful rounded bottom pattern but the up move could not sustain as major sellers are at the price of 770. fundamentally it has not given good quarterly result, that also count for its fall. 47 2 was the low made on the previous quarterly result day, but amazingly ignoring all the things stock went up only to fall. , it may not fall immediately, it may temporarily take support around 500 . so watch out for the price action
