ssudhirsharma11

#Kalyani Steel, beautiful cup & handle formation,ready to blast?

Long
NSE:KSL   KALYANI STEELS
Although I am not so bullish on Metal sector overall but Kalyani steel has made a beautiful cup & handle/Rounding bottom formation on weekly time frame which got me interested. Also this week Kalyani steel has given all time high weekly close at 471 and if price manage to give 2 close above 472 then upside targets for me would be 1) 574 2) 628 3) 705 4) 849. Once 628 is crossed I will bring my SL either at cost or 574 to mitigate risk. Below 376 it will become weak. Keep eyes on this stock
Trade active
Trade active:
All upside targets have been achieved. It has given me return of 93% till now so for me trade is risk free and now i am targeting 1) 952/1006/1083(imp fib level)/1227.
Trade ko hold karna seekho yaaron :)

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