It has been observed that the price action is strongly trending up for past two years. Now, after a big rally up, it is consolidating in a triangle pattern and a breakout above it shall further bring upside rally.
Fundamentals Facts:
Market Cap: 4328 Cr
Face Value: 10
Book Value: 175
P/E: 10
P/BV: 0.88
ROCE (5Yrs): 107%
Short Term
T1- 158
T2- 160
SL- 153
Long Term
T1- 180
T2- 200
SL- 140
Fundamentals Facts:
Market Cap: 4328 Cr
Face Value: 10
Book Value: 175
P/E: 10
P/BV: 0.88
ROCE (5Yrs): 107%
Short Term
T1- 158
T2- 160
SL- 153
Long Term
T1- 180
T2- 200
SL- 140
Trade active
Trade closed: target reached:
Target 1 reached.
Trade closed: target reached:
T2 reached.
Comment:
KTK continues to be buy on dips. Now reached 170 levels at resistance levels.
