KESORAM INDUSTRIES BRAKEOUT ON DAILY CHARTNSE:KESORAMIND
Kesoram Industries gives brake out at daily chart.
Buy near 190-192
sl 180
Target 212
time duration 1 month
KESORAMIND trade ideas
Channel breakout on KESORAMINDKESORAMIND broke out of channel pattern on daily chart. There has been tight consolidation for almost three months. Trading in the range of 10-15%. Also during runup to the channel, there were huge buying as shown in volume. While consolidating you could notice volume has dried up. Signifies sellers are not willing to let the price go down. Though there was not a good volume during breakout. This could be a profitable trade given the length of the runup to the formation of channel pattern. Stoploss can be had just below the breakout candle with target at least half the size of runup. It would be good if we trail the stop loss with 10EMA or 2ATR with multiple targets based on resistance that prevails during runup.
Hope you liked this analysis. Please boost this idea if you like it or leave a comment below on your thoughts. I would be glad to hear your view on this chart. Otherwise happy trading :-).
Kesoramind Looking for 200 Big Breakout in Kesoramind verysoon i will be 200 . now moving above the 200 EMA.
also strong fundamental available .
Kesoram Ind - Long ideaI am betting on increased cement demand post monsoon season. Chart pattern is also good, potential to touch 120+ in mid term. Levels are marked on chart. Invest with 6-9 months time horizon.
KESORAM INDUSTRUIES LOOKS GOOD FROM HERENSE:KESORAMIND
KESORAMIND Swing Breakout
R:R (Risk : Reward) = 1:3
TARGET 1 - 114
FINAL TARGET - 130
Trendline BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
KESORAM TRIANGLE PATTERN swing trade take trade when nifty turns bullish swing trade perfect symmetrical triangle short term opportunity for upside take trade after breakout from the trendline according to own risk this is not call just a analysis.
Kesaram India Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
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Postional Trade ideaafter long consolidation price move upward now RSI showing the strength,Price Action Strong, good for 2-3 months, Happy trading.
A clear breakout on Head & Shoulder PatternA clear upside breakout on daily chart of KESORAMIND. Price was continuously on upward trend with in a head and shoulder pattern. A significant breakout on the chart shows a good upside in upcoming days.
KESORAMIND: Great post breakout opportunitySl - 65
The price action is picture perfect.
And DII have increased their holding exponentially.
Shoot up your queries in comment section or u can mssg me.
KESORAM INDUSTRIES ::: BULLISHDATE: 26.4.21
INSTRUMENT: KESORAM INDUSTRIES
TIME FRAME: DAY
TREND: LONG
CMP: 75.20
BUY ABOVE: 69.80
SL: 66
TGT. 01: 76.85
TGT 02: 83.55
TGT 03: 90.25
DISCLAIMER:
We are not S E B I registered analysts. please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.
Stock on Falling wedge pattern Ideal buy is around 35 to 40
Short term Target 75 to 80 breaking above it can reach 100 and even expecting 200 if fundamental supports.
Happy Investing..
KESORAMIND seems bullishA bit risky because there are chances of retracement.
Please do your own research before trading or investing.
Momentum Buy : Kesoram Industries Limited - SL 132.5, T 149-154* Trend line breakout
* Huge Volumes
* Close price breakout @ 3 Months
* Swing High Breakout @ 6 Months
