- 3 months base. - Volatility Contraction Pattern - Low risk entry point. - volume contraction.
KIrloskar Electric is about to break today . If break happens and remains above 126 the price will shot up again . As the price had broken and holded above monthly high .
This stock breakout 12 years level and W pattern if strong candle closed i am considered good breakout and this is only for educational purpose only
As per my analysis or view, NSE:KEC is now ready to move upside as price sustained above level of 583.20. Best positional buy level if 590 with stop loss of 550 (-40). Expected upside target would be 624 (+34) & 661 (+71). Note: This is my personal analysis, only to learn stock market behavior. Thanks.
KIRLPNU 660 TGT 800 SL 600 RR > 2.4 Return >21% TF < 6M Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk...
KEC International is looking like a great investment at the current level. This has also been recommended by ICICI Direct with target of 334.00