Stock Name - Kalpataru Power Transmission Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 454
#This is not Buy and Sell recommendation to any one. This...
Stock Name - Kalpataru Power Transmission Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 417
#This is not Buy and Sell recommendation to any one. This...
The stock looks good above 417.5 level for 0.7-1% intraday move and 4-5% positionally.
Disclaimer: This idea is for educational purpose and kindly buy as per your risk management.
I always encourage partial booking 1-2% profits and use a strict trailing stop loss.
Idea is positional and only carry position on day closing basis.
Learn & earn,
Dr . Tanya Kumar
buy above 375 for intraday
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If...
Long position opportunity for minimum 10% gain. Swing Up with Fibonacci Support (38.2% retracement) and previous levels support line.
Entry = 367
SL = 348.5
Target = 407.9
Symmetrical Triangle formation of Daily Time frame
KPTL trying to find way out above
down side support taken in the traingle
now time to move up
429 and 460
sl 390
mcpriceaction
Kalpatru has made inverted cup and handle
Can it bounce or if it breaks below 337 can see further weakness, stay cautious
Disclaimer for learning purposes only
