undefinedabhi

Buy Kansai Nerolac Short term target - 490

Long
NSE:KANSAINER   KANSAI NEROLAC PAI
KANSAINER
A significant downtrend has respected the support level of 420-424.
With the formation of a hammer candle at a high volume, it is confirmed that there will be a reversal in the trend.
However, after the formation of 2 bullish candles the uptrend is confirmed.

The RSI has also formed support and is now about to break its downward trend line

Target will be the next resistance level of 490 .
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.