Trade idea for Long term Investors
High Reward Trade for High Risk Investors
Success rate 80% - 90%
"Realize Full Potential of a Stock by having Patience"
"Stock Market is more about What can happen rather-than what will Happen"
In Markets there is no 100% Guarantee but one can invest in High Probability Stocks
ALWAYS KEEP IN MIND
Rule 1 : Respect Target &...
Kabra Extrusion has been in uptrend last 2yrs & witnessed correction in Yr 2023, though overall sentiments are positive. Price has crossed both the trendlines, along with rounding bottom pattern formation and is near the important level, which if crossed, will open opportunities for higher levels.
Kabra Extrusion. Need weekly closing above 475...then there is possibility of starting 5 wave which will take this stock around 750 level..CMP:465 (buy more above 475) stoploss;410(wcb) TARGET: 550/650/750
In this analysis, we will delve into the chart of KABRAEXTRU, focusing on the support at rising weekly trendlines, weekly RSI trendline support, the position relative to key moving averages, and recent fundamental data. By examining these technical and fundamental aspects, we aim to provide insights into the stock's current situation and potential trading...
Breakout was good, Check the next moves.
Study the chart and get ready to book 10%.
Note : I am not SEBI registered and all Ideas posted by me are for Educational Purpose.
Good luck!
Thanks & Regards,
RK
# KABRA EXTRUSION REVERSE ASCENDING TRIANGLE BO
1. TL BO & retest done
2. Trend will change above Swing High
3. Price is above all EMA's
4. Volume is rising
* Educational purpose only
Weekend Pick 3: KabraExt for risk takers as can go any side (indecisive level)
Fundamentals: Strong, consistent on Sales, Profits, EPS, FII holding increased, Healthy Dividends
Technicals: Taken Trendline support 3rd time, attempted 21 EMA breakout
R1: 545
R2: 595
R3: 650
SL: 450
KABRA EXTRUSIONTEC is currently trading above the zone that previously served as a solid support zone.
On the current timeframe and higher timeframes, the stock is trading above the 50EMA and 200EMA, indicating a positive trend.
We can see that the price has returned to test the head and shoulders pattern's breakout, and we can also see that the selling volume is...
Kabra extrusion stage 1 breakout.
Entry 520-555
Stop loss - Tight traders SL 498
Investors SL 458
Position size - for trader (10% of trading capital)
For investors(5-10% of the capital)
Note : only for an education, trade at your own risk.
