This stock breakout 110 above target is 240 rs fundamentally good stock this Quarter results is bad but definitely this stock reached 240 breakout after
A Bullish Breakout of Inverted Head and Shoulder pattern is visible on the Daily chart of NSE:KELLTONTEC
MACD gave Positive crossover on Daily, Weekly and Monthly chart. So, expecting the momentum to continue.
One can create a fresh position in the scrip as per the levels mentioned on the chart.
Risk Disclaimer:
The information provided in this analysis is...
NSE: KELLTONTEC is closing with a bullish spinning top candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has reversed at key support area which is indicating demand.
One can look for a 12% to 18% gain on deployed capital in this swing...
KELLTON looks good for a 20-30% move. Stock can make a potential reversal in coming sessions. Keep it in your watchlist.
NOTE: I'm not a SEBI REG. Study before investing.
#KELLTONTEC #breakout #VCPpattern #VCPBreakout #MomentumTrade
KELLTONTEC : Swing Trade
>> VCP Pattern
>> On Weekly, Inverse H&S Pattern Breakout
>> Trending Setup
>> Good Strength & Volumes
>> Low Risk High Reward Trade
Swing Traders can lock 10% profit & keep trailing
Please Like or comment if u r Liking the analysis & Learning from it. Keep showing ur...
1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula: - Stop Loss Amount/(Buy Price - Initial Stop Loss Price)
4. Sell on initial Stop Loss hit or RSI close below 40
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high volume
c. Exhaustion...
A low cheat entry has triggered and the strength is seen with the volumes coming up in the past week.
Now it shall sustain the 73-81 zone and if it does close below this levels then this view stands invalid.
107-123 is the supply zone above and that should be an initial targets from hereon.
We shall figure out further how things pane out in future.
...
Kelton electronics -
breakout of cup & handle pattern with huge volume above 89.40 and closing is 90.80 . All oscillators are +ve
Buy above 91.50-92
Sl 80
Tgt 100-115-135
Kellton technology is on of the IT company with fair valuation can give good return in upcoming days next possible target is 96,97.
Do your own research before investing.
KELLTONTEC
Buy : 90
Target : 94.5
*DISCLAIMER*
This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor. Please consult your financial advisor before taking any position and please use a Stop Loss for any Investments/Trading Positions. It is your hard earned money so give risk management your highest attention. Do take this...
![KELLTONTEC: KELLTONTEC - LONG - BUY & FORGET [...Target 1600]](https://s3.tradingview.com/y/yvNtdrMv_mid.png "KELLTONTEC - LONG - BUY & FORGET [...Target 1600]")
