Krsnaa Diagnostics -
Price formed a triangle.
Current candles have wicks high from top, suggesting selling.
Price can move upwards if selling is absorbed.
Price can move downwards if sellers dominate.
675 SL for immediate target of 735 - 760 after.
Keep in mind that results are not great. This is always depend on Govt. rules.
I am already an investor in Krsnaa...
Improving Fundamentals
Expectation of continued growth and achievement of 30% growth trajectory in FY2025
Tailwinds in Diagnostic centers
making higher highs and higher lows
Mid to Long term holding 6-12 months
CMP 712.15
SL 600
target 1100
Krisnna Diagnostics share price trading near demand zone
one can enter long trade at 635 with stoploss of 568 with targets of 720/780/840++
do your own analysis before investing
this is just for educational purpose
Breakout out of a downward trendline and also above a range its been clustered at in Oct and fell from.
Long above 720 with a stoploss below 670.
First target 790...
Once that gets taken out it could move much higher and maybe even into new ATH territories.
Stock is performing well considering the market conditions, Its holding its ground showing strength, BUT volumes are missing indicating it should be on watchlist for now and see how the volume performs for few days ahead.
🟢2D charts indicate capitulation & volume explosion near 500
🟢Krishna taken support 480. About to enter stage two uptrend.
🟢It has given buy signal at 527.65 on VSA Momentum indicator.
🟢Add more on declines near 480.SL= 445 on week closing basis.
KRSNAA was falling in a descending channel ever since its listed on bourses at a price of 1109.70.
It corrected approximately 68% from its listing price to reach an all time low of 353.10 on 28th Feb 2023. But, very recently i.e. on 31st Mar 2023, it successfully broke out of that channel rising by almost 44 % in 2 months.
Target: 783 (Potential upside:...
The stock has faced resistance from the 610 level on weekly chart and is forming a cup and handle pattern . the downside potential for the stock will be 356 and immediate rebound can be expected from there .
Breakout given SL at breakout - target 1 sell 25% - Target 2 sell 25% and leave the rest. Fundamentally a very strong company with a bright future ahead.
The stock had been in a downtrend since its listing on the NSE.
But the rally from the low of 353 has been accompanied by higher volumes, signaling strength of buyers.
Prices have negated the lower top lower bottom formation, confirming a reversal of downtrend.
Chart does not give a specific target, but minor resistances could be expected at prior peaks of 655...
It is 50% down from its listing price companies business is good but because of bad market conditions stock is traded at 50% discount. One can definitely enter in to this stock at current market price and in the few months very good return is expected 25-30% so I suggest to go long in krisnaa diagnostic
opportunity for selling site EPS Strength
POOR : 37
37% Complete
Price Strength
POOR : 10
10% Complete
Buyer Demand
FAIR : C+
50% Complete
Group Rank
POOR : 155
when cross trandline after retest entry but consolidation is must very risky trade but reward is so good
![KRSNAA: KRSNAA Near BO (Watchlist) [Daily]](https://s3.tradingview.com/b/BhvpoMRm_mid.png "KRSNAA Near BO (Watchlist) [Daily]")
