Kaynes Technology
Price tried to break 3000 levels multiple times.
Volumes are still there, it should cross 3000.
Stocks may see profit booking. Be careful while trading in stocks that ran heavily.
Keep a strict SL that you think can manage/comfortable with.
Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get...
-lower momentum rejection with big wick
-rise in volume and strong closing
-rise in rsi and macd crossover
-keep in radar above resistance area it can give decent return
Kaynes Technology India Pvt. Ltd.:- Ascending Triangle & VCP Pattern
Volatility contracted from 28% to 7% (from left to right)
Levels mentioned on chart & given targets seems achievable.
Plan your trade accordingly.
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk.
"Trade what you see, Not what You Think"
Happy Trading(:)
Sector: Electronics - Components
fundamentally very strong script to play
HTF as well as LTF structure highly bullish..
one can accumulate this script in daily demand zone in a gradual manner....
Kaynes Technology is a leading end-to-end and IoT solutions-enabled integrated electronics manufacturer in India. We have capabilities across the entire spectrum of ESDM services.
Kaynes has over three decades of experience in providing Conceptual Design, Process Engineering, Integrated Manufacturing and Life Cycle Support for major players in the Automotive,...
Only for journaling not for the trading.
This post is for my personal use.
i will enter in the stock after trendline breakout or above 2552.
With stop loss 2361
Note : only for learning, not a trading recommendation. i am posting as a trading journal before and after breakout.
This stock look good for buying .
use stoploss and positive market we can take a entry.
Check this stock buy your self also because am not SEBI registered .
NSE:KAYNES re-tested the support level and 50 EMA.
Traders may consider entering a position in the range of 2,400-2,450, with target levels at 2,725 & 2,960. It is important to note that trading carries a risk of loss, and a stop loss at 2,200 is recommended to limit potential losses if the trade moves against expectations.
As always, it is important to conduct...
