#Kennamet - #NSE - Stock about to breakGreat Volume in a Day Today,
But price closed at previous resistance level, it will be good above 2900.
0.75%
39.90INR
877MINR
10.771BINR
5.495M
About KENNAMETAL INDIA L
Sector
Industry
CEO
Vijaykrishnan Venkatesan
Website
Headquarters
Bangalore
Founded
1938
ISIN
INE717A01029
Kennametal India Ltd. engages in the manufacture and trade of hard metal products and machine tools. It operates through the following segments: Machining Solutions, and Hard Metal Products. The Machining Solutions segment manufactures and sells customized capital intensive machines. The Hard Metal Products segment deals in metal and metal cutting tools. The company was founded in 1938 and is headquartered in Bangalore, India.
go long in Kennametal IndiaAn Inverted Head & Shoulder Chart Pattern Breakout happened on the Weekly Time frame of NSE:KENNAMET
Price Action supported by volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list.
One can initiate the long trade a
KENNAMETAL INDIA - 26% RETURNSBUY - KENNAMETAL INDIA LTD
CMP - Rs. 2126
Target - 1: Rs. 2431
Target - 2: Rs. 2676
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Technicals - 1) Harmonic Patterns
2) Targets set using Fibonacci Retracement and Gann Angles
3) EMA Convergence
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Comment: Estimated time for returns is 6-9 months.
KENNAMETAL-BULLISH~Kennametal India is ready to move after price accumulation.
~It is getting support on 20 w ema line.
~RSI IS ABOVE 60.
KENNAMET - Bullish Consolidation BreakoutNSE: KENNAMET is closing with a strong bullish 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 been consolidating for the past few days and moving along the trendline whi
KENNAMETKennametal India Ltd
CMP: 1929
- Manufacturers of carbide tools & special-purpose machines
- Highest quarterly sales & highest profit
- Bouncing from 20 week ema and 100ema in daily chart
- Formed a bullish engulfing candle near 100ema
KENNAMET"KENNAMET CMP: 1354.9
Good Risk reward of -6.33
Buy above : 1354
Stop loss: 1140
Return of -100% expected
Pattern: Channel
All levels are mentioned on the chart. Keep an eye."
Kennametal India / Volume Breakout Kennametal India has broken its major resistance with good volumes.
Can enter the trade with 50% on the dip and next 50 % above the 1320 levels
SL 1090
Target 1950
Manage Your Risk
Kennametal Cup - Burning hot oneKennametal seems to be broken out of the cup which it was forming since its inception...
After almost 18 months of consolidation (after Oct 2019), Price has broken out.
Very Good Opportunity for short term investors.
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