Short KSCL for target 450 (Short term). Long term its buy unless 415 broken with volumes
stock showing good momentum. keep sl 380
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 will give a long breakout above 416.40 it can go to the level Upside level- 424 downside safe line- 411.40
KSCL is weak on charts, Trading below its Pivot. One can short this below 389 for target of:- 385/372
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 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)....
Reason : Down trend along with correction of time and price is over. Beginning of uptrend from this price level. Timeframe: By end of this month.