This scrip had recently broke from a trendline and also formed a channel pattern. This scrip is now trading in near its pattern's support, i do expect this scrip to be moderately bulliish for next few months. Its important to know that there may be big swing highs & lows, just stick with trade.
Probable SL would be below the channel's support or below the trend...
Today I'll discuss company stock i.e. KSCL
2. Today Date is 02-09-2021 and I am writing this blog after trading hours in evening.
3. Currently stock is trading at 588.55.
4. I am using daily candle chart for technical analysis.
5. As per my technical analysis this stock is technical target is 588.55 to 780, which is approximately 32% gain. if we buy...
Kaveri seed observed to have developed classic evening star pattern on 3rd and 4th august at resistance level of 780 followed by 3 black crow candles on 13 to 16 august showing clear signs of bearish reversal. Stock has honored the support level of 530 and may re-bounce back to its resistance level with hammer, bullish followed by inverted hammer candles. However...
The stock is fundamentally really good and must have stock in the portfolio. Currently, it is trading at a 35% discount from its highs. Can be bought now and on all dips till 470. Target will be its previous high of 780-800. A 35% return. It will take some months to arrive. No SL is required in good companies. HIT the like button if you liked my analysis and do...
