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.
Please buy and dont miss this .. 3 year breakout.. RR too favourable
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.
Once close above 90-91 then can expect 25-30 % move with SL 77
KESORAMIND INDUSTRIES is ready to give breakout after 3 years. If it closes above 89.90, targets are 96, 102 & 117.