Kaveri Seed Company Ltd
1) Time Frame - Weekly.
2) The Stock has been in a Consolidation since (May, 2021) & in a downtrend since (April, 2015). Now It has given a Consolidation and Downtrend breakout & Closed above it's (May, 2021) High with good bullish momentum candle & with huge volume in weekly Time Frame.
3) The next resistance would be it's Life Time High (1075.50).
5) Recommendation - Strong Buy
1) Time Frame - Weekly.
2) The Stock has been in a Consolidation since (May, 2021) & in a downtrend since (April, 2015). Now It has given a Consolidation and Downtrend breakout & Closed above it's (May, 2021) High with good bullish momentum candle & with huge volume in weekly Time Frame.
3) The next resistance would be it's Life Time High (1075.50).
5) Recommendation - Strong Buy
Note
As mentioned previously, The given target of 1075.50 - (22%) from the given price (879.85) is achieved.
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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.
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.