1) Formed Ascending triangle wait to break the price out of the triangle
2) Broken UP any Bullish signs or gap up in the green area or consolidation green then target 520
3) Broken Down any Bearish signs or gap down red then target 440
4) 480 - 490 is a trouble area & also works as strong resistance as of now wait & watch
Long we can buy after price comes down on our trend-line or support zone. Expected target could be 472/482/498. Came out of long term down trend can see buyers taking control.
A LOT OF ACCUMULATION IN THE BANDED AREA SEEMS TO HAVE HAPPENED.
PRICE IS EXPECTED TO GO TO 500 AGAIN.
TRADE ABOVE 477 WITH PROPER STOP LOSS.
RAINS AND BUDGET MAY PROVIDE THE IMPETUS.
Kaveri Seed Co. Ltd. engages in the production, processing and distribution of seeds. Its products include field crops and vegetables. The company was founded by Venkata Bhaskar Rao Gundavaram and Vanaja Devi Gundavaramin in 1976 and is headquartered in Secunderabad, India.
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KSCL
