KSB trade ideas
KSB may have little change to resume the journey1. Anything can happen.
2. You don't need to know what is going to happen next in order to make money.
3. There is a random distribution between wins and losses for any given set of variables that define an edge. No other thoughts
4. An edge is nothing more than an indication of a higher probability of one thing happening over another.
5. Every moment in the market is unique.
Trade Idea in KSB
here we can see a swing Trade Idea in NSE:KSB
Buy NSE:KSB
CMP 4133
TP 4707
SL 3703
KSB Ltd. engages in the manufacture and supply of pumps and valves systems. It operates through the Pumps and Valves segments. The Pumps segment manufactures and trades all types of pumps like industrial pumps, submersible pumps, effluent treatment pumps, and spares. The Valves segment is involved in the manufacture and trading of industrial valves, spares, and services. The company was founded on April 11, 1960 and is headquartered in Pune, India.
Trendline 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
KSB Ltd –Up move potentialKey Points:
- Resistance Level breakout with good volume
- RSI trending up
- EMA crossed and good potential of up-move
- Good Potential to move upside
- Volume above SMA
- NR 4 & 7 Breakout
In Gujarati “ Bhav is Bhagwan ”
Disclaimer :
I am not a SEBI registered Analyst.
Please do your own Analysis before taking any trade/investment.
The above view is just for educational purpose only.
KSB - Bullish Breakout with VolumesNSE: KSB is closing with a bullish 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 trendline support for the past few days which is indicating demand.
One can look for a 8% to 13% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
