KRBL is one of the leading stocks in basmati rice export(holding company of India gate brand)
Recently, Indian government has put a ban on non-basmati rice exports which has led to increase in price of basmati rice in the world.
However, despite of the positive news for the stock, no major price change was observed in chart.
The stock is available at a PE of 12...
BUY - KRBL LTD
CMP - Rs. 399
Target - 1: Rs. 507
Target - 2: Rs. 638
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Timeframe - 6-10 months
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Technicals - Bullish Triangle Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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NSE:KRBL
closing above the weekly trendline around 410
nicely poised for 35% to 40% gains in coming months
after that it can move towards 675
cmp is 412.90
This analysis is being done for educational and knowledge-sharing purposes.
This article does not offer any kind of buy or sell advice.
All stocks are positional and are held for a short to medium period of...
The stock is testing it's 6 year old trendline. It has made a double bottom pattern as well.
Buy above 421 and carry only on Day closing basis.
Positional targets will be 445, 468 and 500.
KRBL Limited is an Indian rice processing and exporting company, and the world's largest rice miller. The company posted decent Quarterly results today.
Learn & Earn,
Dr....
krbl- inverted H & S- min 40-50% swing trading
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entry: 380
target:495
stoploss: 340
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more probability for bullish..
reload chart for clear view
an hour ago
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use desktop site.
reset chart size for clear view
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first use " + " in the chart, for zoom..
next rest chart for better view
Have closed above 50 DMA 368.53 with increased volume. Negligible debt to reserve amount. The Company operates in two segments: Agri commodity and Energy.
~All the information given in the chart is for the educational purpose only.
~Do your own research before investing.
~This is not my recommendation.
~My recommendation--LEARN MORE EARN MORE.
- After giving the BO it did corrected with low volume and retested the BO zone
- Huge Volume and candle on BO
- Trading above all major EMAs
- RSI is almost bullish
KRBL looks forming a reversal pattern near its resistance turned support levels. Stock was in rectangle since Aug 20 and had breakout in sept 22. Same levels of breakout seen approached recently and a reversal from the point suggest rally may be seen. Stop Loss should always be placed below the recent swing low of resistance cum support levels. Primary Target most...
Chart is self explanatory.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
