After trend line breakout, stock went sideways for a good period and then gave the breakout based on price action, which gives double confirmation on bullishness of the stock. Buy around : 658 SL: 600 Target: 760
Entry price - 637.5 SL - Close below 629 First Target - 660 Entry reason - Breakout
Stock Name: KPR Mills Sector : Textile CMP : 637 Target 1 at 700 Target 2 at 760 Disclaimer : This is only for Education purpose, I am Not Sebi registered analyst. Please consult your Financial advisor before taking any trades #HNS #Momentuminvesting #Swingtrades
Chart -> KPR Mill Daily Breakout with volume activity. CMP: 668 Good Range To Buy: 640 to 670 Target: 728, 768 SL: 630 Daily Close Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
This stock gave breakout with good volumes. Now tested its breakout level with low volume candles. Wait for good green candle. Looking good up move !!!
A bullish breakout of inverse head and shoulder pattern is likely to be happen in KPR Mills stock on weekly chart. The stock has given a clear cut breakout of inverse head and shoulder pattern with Neckline placed at 615 level. The stock is in a strong bullish momentum . The rising trend-line shows the formation of higher highs. Any sustainable move above 640 ...
Volumes are increasing in kpr mill , resistance near 640 & after crossing this resistance 700 will easily come
- The stock is setting up nicely - Spending time at the resistance - Above Key EMAs - Bullish RSI
In the Weekly Chart of KPRMILL , we can see that; after the multiple failure of Cup & Handle Pattern, it has now given breakout . Let it retest and then enter with SL. You can Go Long for big targets.
A 399 day consolidation and price is comfortably sitting above 50 ema and approached upper end of the box with volumes and solid bars, whenever it breaks look for new rally.
formation of rounding bottom on W charts breakout above 626 on Weekly targets - 760
Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
Volatility contraction pattern in KPR Mill Limited ......
In the Weekly Chart of KPRMILL , we can see that; after the failure of Inverted H & S Pattern, it is in decision making place. let's see which side it takes the momentum. Possible momentums are shown in chart.
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KPR MILL BUY ABOVE high of doji as it is breakout +support doji formation butt be carebul above it has a resistance can go for trade for minimum 1:2 target if it breaks above resistance can fly
Stock #KPRMILL looks bullish on weekly chart, wait for 626-628 level to break aggresively. we can have targets 701 , 747 respectively #Bullish