10 Year Channel Pattern.10 Year Range Channel pattern breakout and retest in symmetrical triangle retest on channel patter.
KSCL trade ideas
KSCL S/R for 12/9/24Support and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
20 EMA (Exponential Moving Average):
Above 20 EMA: If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum.
Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory.
Combining RSI with Support and Resistance:
Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal.
Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
KSCL - Trending up Kaveri Seed Company Ltd
Trending up in Ascending Channel Pattern.
NEWS
1. Kaveri Seed Company consolidated net profit rises 5.84% in the June 2024 quarter
mybs.in
2. Kaveri Seed Standalone June 2024 Net Sales at Rs 808.08 crore, up 5.32% Y-o-Y
Disclaimer:
For educational purpose only.
Please do your own research before taking any trades.
Happy Trading!
Momentum Trading Picks - Kaveri Seed Company (KSCL)As we can see the Cup is forming on a Monthly chart of KSCL and the target of a cup is determined by the depth of the cup and target is almost 800 points away from the current price of KSCL and we can see the buying happening in the KSCL stocks in last 3 months the volume is increasing.
Kaveri seed looks good for 700Stock made a clear ascending
460 peak broken
Need to maintain above 460 at close
Stop 440
RR 1:2
Exciting Bullish Pattern Alert! 🐂 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Triangle
📌 Symbol/Asset: KAVERI SEED
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately
Kaveri seed Company Kaveri seed Company (1D)
CMP 573.90
Formed 3 time Volatality Compression pattern and consolidating near high
Sector : Agriculture
Market cap 3,211.87 cr.
PE 11.83
PEG 1.29
Higher Delivery Quantity
Close within 52 week High Zone
MFI >50
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
KSCLIn the Daily Chart of KSCL,
we can see that, it has given breakout for cross Cup & Handle Pattern, Also it has retested.
Plan you entry with SL.
kscleducational purpose only
formed double bottom
wait for trend line breakout
kscl #kscl Kaveri Seed Company Ltd
Kaveri SeedsA perfect visible head and shoulder on Kaveri Seeds. Both on the weekly and the Monthly suggests that the Daily cycle low may retest 480 / 450 following the decending regression trend.
However, how many a times have we witnessed a false head and shoulder formation ? With the probability of an H&S being 80%
I would be cautious If it breaks above the regression equilibrium
Highly Probable Bullish Breakout Formation - KSCLFundamentally very strong stock.
Have been trending inside a macro triangle and the price is inside the squeeze zone.
On a 4H timeframe, a cup and handle pattern is forming.
A breakout from the diagonal of the triangle will send the price to a high momentum ride
T1 at 600-610 INR
T2 at 725-750 INR
let's wait out for the breakout and restest.
KSCL - Intraday Trade: Watch out for resistance BOKSCL - Intraday Trade: Watch out for resistance BO
Buy Above 550
Kaveri Seed IndiaSun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
#debadipb #profitsolutions
Kaveri Seeds (KSCL) Almost reached Target Today :DAlready invested in this script
Waiting for the target
NSE:KSCL
P.S.
This is not reco, just sharing my chart study
Kaveri seed companyTrade setup:
Monthly - Classic breakout pattern. Broke out of ascending triangle, multi-year breakout of trend line, retest and zoomed up. Took support at 50EMA (confluence).
Daily / Weekly - broke out of resistance zone (between 680 INR and 710 INR), retest and formed a bullish engulfing candle (daily), with pennant formation (daily).
Entry price = 745 INR
SL = below 680 INR
Target = 1000 INR (psychological barrier and ATH resistance).
#KSCLPOSITIONAL
Triangle pattern formation
ENtry above 750 DCB
SL can be maintained at 690 DCB
Targets can be 880
Disclaimer: Educational View
Breakout of Channel patternKSCL breakout today from channel pattern - monthly TF. I have marked the S& R levels..if it keeps up the momentum it could scale 999. Keep watching.
This is an idea, not advice.
CMP - 743.2
Next target 999
buy KSCL if close abv 535KSCl has it resistance at 535. if close abv 535 we may see 590/650 till the time it holds 510 clbs
