Breakout in Kilitch Drugs (india) Limited...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am
8.90INR
104.481MINR
1.396BINR
15.754M
About KILITCH DRUGS(INDI
Sector
CEO
Mukund Prataprai Mehta
Headquarters
Mumbai
Website
Employees (FY)
165
Founded
1978
ISIN
INE729D01010
Kilitch Drugs (India) Ltd. engages in the developing, manufacturing, and marketing of pharmaceuticals, medicinal chemical, and botanical products. Its products include oral, parenterals and nasal, and nutritional products. The company was founded by Pratap Keshavji Mehta in 1978 and is headquartered in Mumbai, India.
KILITCH - Ichimoku Bullish Breakout Stock Name - Kilitch Drugs (india) Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 214
YR 2022 Idea #77: Long on KILITCHThis is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At
Kilitch Drugs - 2yr Breakout retestSL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times. Try to buy between
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