KESORAMIND trade ideas
Kesram Ind positional ideaVery 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.
INVESTORS PICK: KESORAMINDWeekly 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 : good breakout buy....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 .
Watchout After Breakout RetracementRetracement level in KESORAM INDUSTRIES in daily time frame Buy @ 92 Sl 87.50 and hold for target 103
#KSEROMIND Ascending triangle BreakoutNSE: 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.
KESORAM INDUSTRIES - 3 year breakout stock.. Please buy and dont miss this .. 3 year breakout.. RR too favourable
Cup and handle pattern ✌✌This scrip beautifully forming cup and handle pattern and expected to give breakout in coming days. So traders keep on your radar to catch the momentum.
KESORAMIND INDUSTRIESKESORAMIND INDUSTRIES is ready to give breakout after 3 years. If it closes above 89.90, targets are 96, 102 & 117.
KESORAM Industries Positional Triangle patternNSE:KESORAMIND Levels are Mentioned in the chart...
Note:
1. Views are personal. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline not the big target...
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3. Views given here is not a tip rather it is for educational purpose... After market opens, the condition might change so learn to handle for different conditions..
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Buy at CMP 83.3Buy at CMP 83.3
Tgts 90
Its a positional mid to long term trade
Trade at your own's risk
@nchitteti
Kesoramind is breaking out Keep a watch on Kesoramind as the financials also improve this year . The stock looks interesting on chart for a big healthy move. Do ur own risk analysis
Cup And Handle ✌✌✌This scrip is ready to move as it is Forming Cup And Handle Pattern. Keep on your radar to catch the momentum.
Trend Reversal Mid Cap Buy Kesoram Industries Limited
Investment Period : 1 Year
max 10% Portfolio buying
stop Loss 63.45
Buy on CMP and Dip for Target 1 of 137 and target 3 of 160
I am Personally not going to take stop loss as i am just buying (Less than 5% of my total portfolio)
Trend break-out by KESORAMINDKESORAMIND has shown good performance in recent days. Good share to keep in the portfolio!
KESORAM: RAM RAMBullish Bang Bang :
Above 90.90
Target : 125
SL: 80
Risk is yours and Reward is too yours
Ascending triangle breakout with good volumeCMP: 87, T: 98, SL: 74.5
Entry can be done at retest levels for better risk to reward ratio.
Study:
Ascending triangle breakout with good volume
Watch out for Multi Year Breakout - Descending Triangle PatternKesoram Industries is involved in the business activities of Manufacture of portland cement, aluminous cement, slag cement and similar hydraulic cement.
The Stock is about to break a multi year trendline resistance. There has been a continuous rise in volume in the stock indicating there is something cooking inside.
The RSI well placed at right levels.
The Company's operations are good. However, the only concern is its high Debt. That's the sole reason behind laggard performance of the stock. The Company has repaid its Debenture holders with Zero Coupon Convertible Preference Shares thereby reducing the burden of interest payment. Further, the Company is also planning to raise more funds to become debt free. The Company is planning to come up with Right Issue as well.
The Stock has a bright future ahead after the debts are repaid. As we all know, Cement sector is likely to be performing well keep in mind the infrastructure demand in the country.
Perfect bet for long run. Can be a multibagger. Keep Accumulating for Long term.
