Khadim- C&H breakout done on monthly but in a parallel channel now which is kind of flag pattern. can c momentum after the flag breakout only for the target of 524 and 660.
Note: This is for educational purpose only.
The stock has broken out on weekly chart but closing is imp for confirmation. If the stock closes above 358 this week and breaks this weeks high in the coming week it will trigger buy and one can look to buy at CMP or at the retest levels of 340-350 as well for the targets of 400-470-550 on a positional basis.
NOTE: NOT SEBI REGISTERED. THIS IS NOT AN INVESTMENT...
Khadims India is a leading shoe maker in India. The VCP pattern is supported by strong fundamentals. There is a steady growth in sales and profit.
Keep an eye.
Stock gives breakout of Bullish Rectangle on weekly timeframe .
CMP :362
Target 1 : 434
Target 2: 490
Stoploss : 629
This is not a buy or sell call, this analysis is shared for educational purpose.
1. bullish structure on daily and higher timeframe
2. close above 200 wema
3. price taken out previous high and broken trendline
4. potential VCP in uptrend
NSE:KHADIM broke ~2 year long resistance with 1 year long Cup and Handle breakout which makes it more bullish. Volume is great. Other Indicators also bullish. Hmagic supremacy. Enjoy.
Note - It’s just an analysis done by me. Not a Financial Advice. Do your own research before trading. Have a good trading day.
NSE:KHADIM BSE:KHADIM
Time Frame – Weekly
Observations : -
* Price trading in two channel pattern
* One channel pattern breakout above 320
* After breakout price will try to touch the bigger rising channel pattern upper trendline resistance.
* Symmetrical triangle pattern breakout possible in this week and month
* High volume activity seen
* Check...
📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Broadning Pattern
📌 Symbol/Asset: KHADIM
🔍 Description: Stock is going up in a broadning pattern. we may see upside soon !
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle. Consider conducting further research,...
#khadim #momentumtrade #swingtrade #breakoutcandidate #flagpattern
📌 Khadim : Flag Pattern (Breakout candidate)
Swing Trade / Short term(1-3 months)
>> Price & Volume Contraction visible on charts
>> Good strength in stock
>> Low Risk High Reward Trade
Swing Traders can book Profits at 10% either partially or full or keep trailing along with short term...
BUY - KHADIM INDIA LTD
CMP - Rs. 277
Target - 1: Rs. 356
Target - 2: Rs. 451
Target - 3: Rs. 603
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Timeframe - 6 months - 1.5 years
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Technicals - Resistance Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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