This post is not for traders who want to trade with stop loss. This is for long term investors who wants to buy fundamentally strong beaten down names at a good entry points.
NSE:KSL
Kalyani Steels Ltd, a part of Kalyani Group, is primarily engaged in the business of manufacture and sale of Iron and Steel Products.
The product portfolio of the Co consists of...
This scrip is expected to give breakout as it is on the verge of breakout. So traders keep on your radar to catch the momentum and enjoy the profit. Thanks to all 🙏🙏🙏
NSE:CNXMETAL is near a support region, after correcting significantly. And recently there with Nifty hitting the ATH and MIDCAP and SMALL CAP are underperforming a lot. So from this, we clearly understand that the capital is rolling from other sectors into BANK and Financial sectors. But this could be a turning point.
There are multiple convictions in this...
KSL (D):- 431 CMP, Looks good for more upsides :)
1) Breakout Candidate + good Results (QOQ)
2) Volume activity
#Disclaimer : View shared is for educational purposes only. Conduct your due diligence before making any trading/investment decisions
Kalyani Steel has been in bullish market structure since jan 2021 with HH & HL. Currently it has given a breakout after consolidation. Looking at cmp, the chart suggests, trend is likely to continue on the upside. Buy on dips and enjoy the rally. However strict stop loss should be maintained at 415.
KSL : Rounding bottom pattern
Rounding bottom finished.
Good Volume since 6 months
Rounding bottom breakout done.
only one resistance on chart.
Once crossed this resistance, we may see good movement
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial...
The stock has broken out of the classic cup and handle pattern supported by very high volumes.
It is expected to follow on the trend and can be bought at any price between cmp and 428.5 for a target of 838 and 900 in near future.
The stop loss can be maintained at a little below 420 level, which was the resistance level before the breakout.
Supporting...
This scrip is expected to give breakout as, it is on the verge of breakout. So traders keep on your radar to catch the momentum and enjoy the profit. Thanks to all.
This scrip is expected to give breakout as it is on the verge of breakout. So traders keep on your radar to catch the momentum and enjoy the profit. Thanks to all.
buy above 420 in Intraday
keep stoploss below 414
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than...
BUY KSL (Kalyani Steel) CMP: 400-403 SL: 340 TARGETS: 450/470/500+
15 days to 90 days view
Positive Act. Volume Divergence continue usually in a condition before giving any breakout.
Note:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
Kalyani Steels Ltd. engages in the manufacture of forging and engineering quality carbon and alloy steels. Its products include rolled bars for automotive application, round cast for seamless tube industry, and machined bars for aluminum smelting industry. The company was founded on February 28, 1973 and is headquartered in Pune, India.
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