KSCL trade ideas
short KSCL below 460 KSCL complete its 5 wave formation.downward momentum is increasing so its time to start its journey downward till 411.short KSCL below 460 with a stop loss of 490 for a target of 411
Kaveri Seed Buy on Dip candidate.KSCL is witnessing good support at lower levels. There is this long term trend line it is about to break and the breakout can be very violent, so one should buy near trend line support if it falls in coming trading sessions. Buy March or Feb contract as it could take time to break from this zone.
KSCL- SHORT BELOW 389KSCL is weak on charts, Trading below its Pivot.
One can short this below 389 for target of:- 385/372
Kaveri Seed - Breakout to New High (Buy Setup)It is been observed that the price action is breaking out from the previous resistance levels of 430 and made a new high at 437, which is indicating bullishness and further prices should go up.
Target: 455
Stoploss: 410
Ascending channel observed in Kaveri Seeds......Ascending channel has been observed in Kaveri Seeds.... Price action is at lower band of Ascending channel.....
Long position can be initiated with SL of 420. Risk to Reward ratio (1:3.3)....
