PRICE ACTION ANALYSIS OF KIGFAi think this stock has potential to give minimum 5% gains in upcoming days , due to its resistance levels being near
KINGFA trade ideas
KINGFA | VOLUME CONTRACTION | HIGH MOMENTUMCreating a nice base near highs
Volume contraction
High Momentum
Caution:
Overall market conditions are highly volatile which can impact the trade idea
Strong Breakout These are swing idea's which you can add your watchlist and analysis for yourself.
Keep on radar.
Potential upside stock!
Resistance 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
KINGFA SCIENCE & TECHNOLOGY- SAUCER PATTERN -EDUCATIONAL PURPOSEKINGFA SCIENCE & TECHNOLOGY
Big saucer pattern breakout last month with heavy volumes
Restest levels checked last week
Ready for upmove with saucer pattern formation
Price TGT : 2714 (Fibo) (93%)
Time TGT : 24 - 30 months
SL : below 900 on weekly closing basis (-36%)
RR : 1:2.6
KINGFA science and technoloogy Bullish fib retracement patternKINGFA science and technoloogy Bullish fib retracement pattern
KINGFA NSE BULLISHVIEW ABOVE 1300KINGFA NSE
Kingfa Science & Technology (India) Limited
is bullish if 1300 holds. New Lifetime High. Fresh Breakout. Positive Trend.
***** Educational Purpose only. Not Buy/Sell Recommendations.
KINGFA SCIENCE & T multi year breakoutCMP 1345
date 27-12-2021
Disclaimer:
All information shared is just for educational purposes.
By no means shall we be accountable for any debits/losses amounting out of it.
We are not SEBI registered Analysts, so please consult your Investment Advisor and take rational decisions.
