NSE:KANSAINER
Only for education and information purpose. Should not be taken as a trading call
A short be there around D Point.
Lets C how the market reacts.
CHART BY HARMONIC LEARNING AND EARNING
Nerolac has been consolidating for quite some time and now it looks like its done. There is also a 60 min corrective pattern that is probably finished itself and this could mean that the next move is Up. I could either buy at the current levels or let it pull back and then enter. Allowing a pullback offers a better risk/ reward. Targets are the lifetime highs and...
NSE:KANSAINER
A significant downtrend has respected the support level of 420-424.
With the formation of a hammer candle at a high volume, it is confirmed that there will be a reversal in the trend.
However, after the formation of 2 bullish candles the uptrend is confirmed.
The RSI has also formed support and is now about to break its downward trend line
Target...
On Weekly Time Fram At Demand Zone.
At Support Zone.
Above Fibonacci.
Accumulate On Parts In Demand Zone.
Other Details Mentioned In Chart.
Investment View For Educational Purpose Only.
Fundamentally View :
As Per Internet Data Promotors stake has been increased.
Company Is Almost Debtfree.
Please Consult Your Financial Advisor Before Taking Any Decision.
I am not...
TO move within the channel. Downward Channel. No trade as such.
Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.
Waiting for stock to close above 514
There are positive crossovers at EMA (7,21) followed by EMA (7,50); Prices closing, above EMAs with increasing volumes.
Strong supports at close range of 478 and 455. RSI taking support above 40.
Resistances:
514, 548 (TGT1), 614 (TGT2)
Supports:
478 (SL), 455
The stock has broken out from its consolidation mode and has resumed it stellar bull market rally it has been seeing since early 2014 from 100 odds! A beautiful trend following strategy can be implemented on the stock! Will take time but will surely reward in the long run!
Kansai Nerolac Paints Limited (KNPL) is a paint company. The Company offers a range of products, including decorative, Automotive Coatings and Performance coatings. The Company has coating solutions across the Decorative, Wood Coatings, General Industrial, High Performance Coatings, Powder Coatings, Automotive and Auto Refinish market segments. The Company serves its customers through a network of approximately four manufacturing facilities located at Lote in Maharashtra, Bawal in Haryana, Jainpur in Uttar Pradesh and Hosur in Tamil Nadu and over hundred strategically located depots. The Company has a joint venture in Nepal with Kansai Nepal, which caters to customers in Nepal. KNPL also has a joint venture in Sri Lanka with Capital Holdings Maharaja Group to set up the paint business in Sri Lanka. The Company is a subsidiary of Kansai Paint Co. Ltd.
This website uses cookies to ensure you get the best experience on our website. To learn more about cookies, including how to control cookies, please read our Cookies Policy.
KANSAINER
