Kirloskar Oil Engines was in a consolidation which was preceded by an impressive up rally. The price gave an upward breakout on a daily chart to the consolidation and closed at Rs.237.40. I anticipate the price target of Rs.272 and suggest the stop loss at Rs.223 to be followed for the first 4 daily candles starting from 27th May 2021. Thereafter, the profit...
This stock is been in bullish trend since OCT 2020. And retraced in last few sessions now it Pulled back after taking support of 30 SMA and closed above 15 SMA which shows a bullish momentum is to be continued. Buy above 173, SL 159, Target 8 to 10%. For educational purpose only. Kindly contact your financial advisor before entering any trade.
