KAVERI SEED COMPAN

NSE

KSCL

One can Go long but it will very short move and book profit as per forecast in the chart

Price action is trending within a narrow range to give break out.

Trend line breakout trade

trendiline breakdown...play short for CMP 480 staples 498 for atleast 38.2% downside target for 2 months target 400

THE SHARE IS MOVING IN UPWARD SLOPING CHANNEL. DETAILS FOR PURCHASE IS MENTIONED IN THE CHART. (YOU CAN SEE MY KSCL RECO ON MARCH 27TH).

Price action is near the important zone 498 - 505. Unless it sustain it, price will fall towards 475 and 465.

Refer chart

One might want to buy Kaveri Seeds on dips with SL of 457 and target of 494. Converging MACD supports the move.

Support at 398 resistance at 498.

TARGET level of 493 is estimated for Kavri Seeds (which happens to be 50% of the retracement level of earlier fall). Getting support of the 21 deg trend line. Above all the Ichimoku indicator has given a buy signal.

Long if it breaks the high of the previous day with a stop loss at the previous day's low. Short if it breaks the low of the previous day with a stop loss at the previous day's high. In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed...

Converting the KSCL 3BB trade to positional short. SL at day's high.

Check the chart for details

Levels mentioned in the chart!

INTRA Can see upside STRICTLY above 413 with sl 406 for 419-425

Has been falling the past 13 days, with the a green candle yesterday which also broke the previous day high Long only if it breaks the high of the previous day with a stop loss at the previous day's low or previous day close In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it...

Kaveri seeds seem to be turning around as indicated by daily indicators giving a prospective targets of 480. One might take a leap right now with a SL below 365 and targets of 448/467 in the short term. Avoid taking heavy trades. Nibble!

KSCL Daily time frame Analysis Demand Zone + Bullish butterfly Pattern CMP 401 can buy in range of 360-385 levels with SL below 350 ( Daily time frame candle closing basis) Target - 420-450-475-490-515+