more than 3 rejections on the downward trendline probably breakout if nifty supports
One of the cheapest cement players available by valuations. Interesting technical setup... The stock has been bouncing off the 200EMA..there is also a convergence of the moving averages which usually signifies a big move could be on the cards.. Long above 57.25 with a stoploss below 53.50.
KESORAMIND Buy Position on EOD basis Buy Price -- 49 to 50 Target Level -- 58 to 60 Stop Loss -- 45 DISCLAIMER—: VijoyLaxmiTrade is not SEBI registered. We Share only Technical Research,Analysis and Views on Stocks & Commodities. All Posts Trade & Views are Non-Advisory and for Knowledge Sharing purpose only.
Kesoram Industries is trying an upmove, Staggered Entry levels along with SL are marked on chart !
This stock complete flat correction and move up side flat 3-3-5 stock retrament =0.382%
KESORAMIND looking good for long. Entry: 64.5 SL: 61 Target: 72, 85 R:R 1:2
good upside possible. Checkout for channel breakout
keshoram is for mothly breakout but after consolidation , weekly in channel , daily in 200 DMA hourly breakout
Kesoram Industries gives big move when it is close to ema and trendline and this can be a big opportunity for swing trading.
KESORAMIND: Looking Good Rounding Bottom Breakout Sustaining Above/Closing 100
Very high volume from last few weeks also price is moving higher after the breakout. A good build up before the breakout. SL will be on weekly closing basis. Targets are based on the nearest resistances. The time stoploss will be 6 months.
Weekly Chart Analysis: 1. Was trading in falling wedge pattern for 12 years 2. Divergence in RSI 3. Cup and Handle pattern breakout on Weekly charts 4. Cup and Handle pattern breakout on Daily charts. Post-breakout respecting neckline of 90 level. Good place to long, as slowly moving to close above 100 levels.
KESORAMIND : 98.05 trade setup: 1.buy above 97. 2. keep loss as 90.40. on closing basis 3. target exoected 114+. technical buy based on : 1. bullish flag pole formation .. 2. volume on higher side .
Retracement level in KESORAM INDUSTRIES in daily time frame Buy @ 92 Sl 87.50 and hold for target 103
NSE: KSEROMIND Kseromind has formed an Ascending triangle along with cup and handles has already given a breakout with good buying strength. Wait for pullback or retest and enter. Educational purpose only - trade at your own risk. Good luck.