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Panchalk
Aug 19, 2021 4:53 PM

Move inside channel 

KALPATARU PROJECT INT LTDNSE

Description

the stock has been falling since some time...2 scenarios possible - it will break the lower channel and keep sliding down. OR it will start moving UP INSIDE THE CHANNEL..it has been doing higher highs as seen in the channel pattern, so let us be optimistic. it can do a 22% move at least ( RR - 1:3.5) if it moves up. keep watching. This is an idea, not a recommendation.
Comments
govindsr1995
can I take postion for shorting
Panchalk
@govindsr1995, I am not discussing intra day if that is what you are hinting at.
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