KESORAM INDUSTRIES

NSE

KESORAMIND

KESORAM IND monthly chart study shows that it has broken a multi year support and is heading towards 50-25 levels

1. currently trading between 100 and 200 candle SMA . seems like 200 reject price and in past we don't have such good support at lower level near 50 SMA so retest that level we can short sell this one. Target is 61 % then SMA of 50.

23-01-2018 BUY KESORAMIND ABOVE 154 TGT1=159 TGT2=169 TGT3=183 closing base SL=144

KESORAMIND

Looks Good. May Rise up to 155. SL 136 (Closing Basis)

Time to go long , debut reduction, loss reduction , seems company is serious now . look out for 179-210 zone above 130-132 with sl of 111-109

NSE:KESORAMIND Best time to enter in range of 160-170, with stoploss of 139. Stock is breaking upward from 2 year range. Target is 330 in 1 year

Accumulation within accumulation is what I can interpret from the chart. Nice breakout above the top end of the green range, indicating "Sign of Strength" in Wyckoff parlance. A back-up or retracement to the top green line would make me a willing buyer.