Super valid-looking! Leave a comment if you like my entry setup. This share is for educational learning purposes only, and I am not responsible for your profit or loss. Note: For more details, check the chart."
A flag pattern has been formed with a 76% flag pole. A potential flag pattern breakout could occur in the near future if the stock continues to maintain the current bullish momentum. Recently the stock has been moving in a zone of support and resistance, and a strong breakout through this zone has also just occurred. This breakout likely occurred due to an order...
Kalyan Jewellers Uptrend . Fundamental Good stock . Capture some points .
Entry - candle close block line above
target - blue line
stop loss - 3 %
Thank you ..
The stock on daily charts has broken out of a falling trendline and after good accumulation at the base. The stock is in strong uptrend on all three timeframes - daily, weekly & monthly. The stock is near to its ATH. Near term target can be 360 and if closes above that then, we can target 380-400.
NSE:KALYANKJIL (1D)
CMP 333.70
Sector : Diamond & Jewellery
Industry : Diamond & Jewellery
Market Cap : 34,393.47 cr.
Category : Small Cap
PE : 67.09
Industry PE : 77.84
PEG : 2.80
About Company
The company design, manufacture and sell a wide range of gold, studded and other jewellery products across various price points ranging from jewellery...
After long bullish rally price corrects around 15% , correction is in form of downward channel, just like it did previously.
As we discussed earlier in spetember the possible two scenarios the price could do, while anticipating possible new highs. Again stock provides the similar situation.
Possible Scenarios:
* Buying Opportunity on break and retest of minor...
The provided technical highlights for Kalyan Jewellers India Ltd. suggest a bullish sentiment and positive momentum in the stock. Here's a summary of the key signals:
1. Price Volume: Bullish - The recent sessions have shown rising prices accompanied by increasing trading volume, indicating strong buying interest.
2. High-Low: Strong Bullish - The stock has...
Breakout trading implementation:
1. **Identifying New Trends:** Breakout trading helps traders identify the beginning of new trends by focusing on price levels where an asset breaks out of its historical trading range.
2. **Volatility Indicator:** Breakouts often occur when there's increased volatility in the market. Monitoring breakouts can provide insights...
The zone between 217 to 209 would act as an important support area since its in confluence with multiple factors like extreme order block , 0.786 fib retracement level and taking support on 50 ema as well.
Do watch this stock since it have potential to make new highs in upcoming session till T2 and T3 ie. 276 and 290 respectively.
Price also correct more than...
NSE: KALYANKJIL is closing with a bullish consolidation breakout candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12%...
