-KINGFA looking very weak broke all strong support zone
-broke 50 ema & support
-results were also not that good
-broke ema support zone
-closed in very weak zone
-sell below 2090 it can give good profit
- Stock in strong uptrend
Sign of Strengths
- High Volume strong Brekout candles
- Bottom Reversal with Gap opening on 17th Oct
- Low volume shakeout candle on 26th Oct - Testing of Supply
May give good upmove on breakout of wedge pattern
- Company is almost debt free.
- Company has delivered good profit growth of 27.0% CAGR over last 5 years
- Company's median sales growth is 23.0% of last 10 years
Kingfa Science & Technology (India) Limited, a subsidiary company of M/s Kingfa Science & Technology Co. Ltd China, is engaged in the business of manufacturing and supply of high-quality modified...
Kingfa Science and Technology (KINGFA) is a leading manufacturer of medical devices in India. it is showing signs of a breakout. This is a good opportunity to buy the stock and ride the upside potential.
Kingfa Science and Technology (KINGFA) is a leading manufacturer of medical devices in India. The company has a strong track record of growth, and it is...
Kingfa Science is consolidating in the range of 200 pts almost a month, and good volume near resistance level of 1500 shows that it may cross the level soon and hit the targets of 1550 and 1620, while support is the trendline.
KINGFA:- Ascending triangle pattern has formed, wait for breakout, till then keep an eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to...
The chart is self-explanatory. #KINGFA
upside potential > 15%
TREND ANALYSIS + BREAKOUT + VOLUME ANALYSIS + ADVANCE CONFIRMATIONS
Disclaimer: This is for educational purposes only. This is not buying or selling recommendations. I am not SEBI registered.
#KINGFA
CMP - 1513.70
Can be taken fresh entry -> 1090 - 1500
OR
Above 160
Next Levels to be expect -> 1640 , 2170
View will be negated below 899
Disclaimer : This idea is only for education purpose, Pls consult your financial advisor
We are not Sebi registered.
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This scrip is expected to give breakout in the coming days as it is on the demand zone. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
The stock has come up with good results. Will likely see a breakout in the coming weeks.
BUY GUIDANCE:
Never buy before 3PM. I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better.
SL: 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%+...
KINGFA was one of our BTST trade given yesterday at 2:17PM to buy above 712 when it was trading at 709.
Soon after posting it gave us 9% move and then today it have us 20% move totally 29% move in just 1 trading session. I have asked to exit this today.
This was one of our Alert tool trade.
Thanks
Piyush Gupta
Learn & Earn
