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Rugminik
Feb 6, 2024 4:16 AM

KIOCL - A swing Trade opportunity Long

KIOCL LTDNSE

Description

The stock is consolidating for about 10 weeks, and ready to move out of the consolidation zone, indicated through price action, RSI is supportive.

One may enter and hold for a minimum 10% then trail towards 25% target.

Entry - 404-410, Target 452, 522.

Comment

Target hit , stock is up by 12% - single day. 410 - 465. Can trail targets strictly as per one's own risk management till 522.

Comment

All targets hit, whopping 40% returns in 2 weeks.
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