"Delivery Idea 17-05-23 KRISHANA (CMP: 454.95) Buy Above: 456 SL Below: 440 Target: 486" Stock has Reversal Pattern in Day Candle and Trend Breakout and retesting in Hourly Candle.
Price has broken out of ascending triangle. Fresh breakout seen in the stock. Target wide open , SL mentioned in the chart. Cheers, priceNpedia
KRISHANA:- Breakout happened with good volume. keep on Radar. 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 know about all the successful trades based...
The squeeze indicates tightness and volatility in a stock. In the example here of #krishana, a high compression squeeze was seen the day before the breakout. This is indicated by the yellow date in the squeeze indicator. If the squeeze is combined with the VCP pattern or the formation of higher lows prior to the breakout, the probability of success of the...
Chart -> Krishana Daily A perfect example of VCP, one can learn from! To cross the resistance of 380, it took 5 attempts with volatility contracting every time. CMP: 400 Targets: 440, 525 Good range: Around 380 SL: 360 daily close Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please...
CMP: 400 ✅~900% returns in ~2 years from March 2020 lows ✅Corrected ~35% ✅Now gave a breakout after 2.5 months of consolidation ✅EPS rating & Price strength: 80+ ⚠️Not very liquid
Breaking out after a long consolidation. Break out is happening after new capacity going online, Risk 5% below 380 level
Krishna Phoschem Limited, incorporated in 2004, is engaged in the manufacturing of fertilizer and chemicals. The company was acquired by the Ostwal Group in 2007. The company is India’s 4th largest Single Super Phosphate manufacturer and the only producer of SSP having Backward Forward Integration. The company operates in 9 states with an overall 10%+ market share...
Stock has a history of moving into darvas box and then give a breakout. Last time stock gave a breakout above its darvas box, but then again returned to its previous box. After spending a lot of time in its box, It now has given a breakout not only above its darvas box range, but also above its previous swing high/ATH.
Refer the chart for Risk and Reward Follow position sizing and proper risk management with every trade.
KRISHANA phoschem Limited Life time High - Good to go Long
I am a bit late to show this, sorry for that. It gave a breakout with high volume today. Fundamentally company doing great. Its small company. First resistance it will face at 130, If it breaks it we can see more upward journey. Please correct me if i am wrong. NOTE: Above chart is for educational purposes only