KNRCONS as explained and discussed in published video. Gave an breakout of 311 rs on June first week. after that consolidation and bounce back from 9 day ema. Hope it would test 400 soon, Good valuations and fundamentals. Disclaimer: only for education purposes, no buy or sell recommendation. we are not sebi registered. always discuss first with your...
KNR Constructions, now at 364.5 on June-20-2024 :: Per Elliott wave, this is in Wave5, Uptrend of wave5 confirmed at 344 There wil be 20% swing in this but ultimately will move higher Targetsprices are --1. 404.65, 442.25, 472.65, 503 So, expected gains of 40% from present price. Support now is till 344
NSE:KNRCON One Can Enter Now ! Or Wait for Retest of the Trendline (BO) ! Or wait For better R:R ratio ! Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low. 2. R:R ratio should be 1 :2 minimum 3. Plan as per your RISK appetite and Money Management. Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
NSE:KNRCON One Can Enter Now ! Or Wait for Retest of the Trendline (BO) ! Or wait For better R:R ratio ! Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low. 2. R:R ratio should be 1 :2 minimum 3. Plan as per your RISK appetite and Money Management. Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
SUNTECK 401 TGT 500 SL 370 RR > 3 Timeframe < 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 Return...
KNRCON in Wedge pattern at top trend line check if opportunities comes for Beakout out.
As you see the price is moving inside an ascending channel. It broke out of trendline resistance in August and now retested for potential upside. RSI is adding more confluence by showing strong bullish divergence. It is currently trading at a forward PE of 14+ whereas the industry PE is around 28. A gem amongst its peers with robust fundamentals. Do check its...
KNRCON CMP 270 TGT 320 SL 252 Return ~ 20% TF 6months RR >2.8 NSE:KNRCON #KNRCON 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...
NSE: KNRCON is closing with a bullish consolidation breakout candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 13% gain...
KNR CONSTRUCTIONS SWING TRADING IDEA Buy on CMP or Lower than CMP if it comes down Stop loss is below 280 Target is 332 to 345 Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred...
The stock has broken out and took a support at the previously upper trendline. Trade is supported by brokerage calls and Supports Nearby. The stock has previously broken out with good volumes and has retested the upper trendline which is the point of entry. Risk Reward Ratio - 1:1. SL is placed below multiple major support zones and previously upper Trendline.
#KNRCON #KNR #CONSTRUCTIONS KNR Constructions Ltd. CMP: 260.30 Target: 283 SL: 242 If you like my work, kindly LIKE, SHARE, & FOLLOW for latest stock recommendations. :)