KIRI indus CMP 517 is continuously trading in a symettric price pattern close to the breakout price. It is recommended to go long on this scrip.Looking at the company fundaments. They are bullish with calculated intrinsic value of 850
Kiriindustries trading at 504 haws been continiously facing resistance at this price range, but now the euphoric market is supporting this trend finally. There is a golden crossever right when the stock is about to give breakout . This pattern is supported in multiple time frames. Have a look
Stock is looking bullish to a naked eye. kiri industries is into chemicals and dyes. The stock has been facing alot of resistance at 500 price range. While looking at the market, it seems it is about to break that price. Since market is euphoric and bullish, you may see a breakout.
Its one of the biggest opportunities one can ever find if he/she is trying to get 20-25% of wealth gain. Its a ascending triangle pattern, and its the 6th time the stock is touching its resistance . Last few times, it came down because companies like carlyl exited , Ca rover exited their positions in this stock. This time , there is no news of any huge sell...
CMP 555 Broke its resistance with volume touched 580, came back to test the neck line of 555. With consolidation ,one can see it breaking the 555 level again and this time would make a stop at 600.
CMP 204.35, jocil has broken its last trendline with great volume ,and now consolidating near its next trend line. if break , one can see the levels of 210 or 220.
With 4.79 MACD and 66 RSI , This could be a perfect buy. This stock price has been hovering around at this level since 2019 but with high volume. Right now, the stock is trading at 211.35 ,( 4% up today ) . can further go higher.
While is seems to travel in a perfect channel and trying to break the resistance, this might be just the time. At the current price of 473.30, this could be an excellent addition to your portfolio. One can expect 2%-5% in a month. On a daily chart, RSI is at 58, which is considered neutral, neither overbought or oversold ,and MACD 9.54 ready for a bullish crossover.
