Inverted Head & Shoulder Pattern
✅Keep in Focus
KSB
+ Significant Volume Dry up in last 2 candles
+ Trading around ATH
+ Above Key EMAs
+ Good Relative Strength
Hello Traders! Today, we're going to take a deep dive into the technical analysis of KSB , a prominent company known for manufacturing valves, pumps, and more.
🔍 Understanding the Chart
KSB has recently made an all-time high on 23rd August 2023. Interestingly, it broke this all-time high on 21st September 2023 with impressive volume. The stock has now...
DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days...
KSB ltd is looking good for Swing trading.
Buy @2683
SL 2547
Target Open
You can easily get 10-15% return within 15 days.
Analysis : •Increasing in FIIs holdings
•Very good promoters holdings with zero pledge
•Increasing in net profit
• Bullish Engulfing pattern at daily Timeframe
DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days...
KSB on Breakout; above 2099 on Monday 13 Mar for Intraday...........
Please check out the INTRADAY Trading Strategy in the COMMENTS section below during the live market hours:
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1) Impulse upmove stage: The strong upmove (nearly upto 2% from...
Leading manufactures of pumps & valves in the world.More than 65 % promoter holding with zero pledge and nil debt . Delivering consistent returns from stock price and net profit over last 5 years . Now it escaped from its parallel channel band. A cup and handle formation has also seen. Expecting a 5 % movement from the current stage in short term . A move ahead...
CMP: 2049
- Volatility Contraction near All-Time High
- Consecutive 3 Doji candles
- Low of the last 3 Open = Low candles has not broken
- Looks good for a breakout above today's or yesterday's High
KSB LTD iss looking good on daily, weekly and monthly chatr also.
You can add some quantities at current level.
The stock is RS positive.
It is making higher high.
RSI is also strong..
NSE:KSB
Reason for Trade : BO on Daily Time Frame
Cmp : 1712
Entry : CMP or near 1700
Stop Loss: According to one's Risk Reward ratio
#Study, Learn & Earn.
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Disclaimer: All the information posting on this page are for the...
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 1735
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn...
in tf+1 a good uptrend can be seen
well in tf(75min) a short term correction can be seen with rsi over sold
in entry lean is rising with droping atr its avr.
KSB(LONG)
entry-1453
stoploss-1432
