> Soon to Breakout > Volume indication for Breakout exists > For breakout confirmation it has sustain above 130 > Market conditions not suitable for rapid moves > Target might need about 10 months Note: InvestIn10 would ride this till Momentum exists. The Target & SL are for Swing Investors only.
Kalyan Jewellers: (Long) Look for long opportunities here.
Still you are thinking technical analysis is not worth, According to our sources Trendlines must to be follow while analysis of each & every stock 👏
*KALYAN JEWELLERS IND LTD* Time Frame: Daily Observation: * Falling Wedge Breakout * Swing High Break Resistance/Target:105 111 118 122 Support: 93; Dynamic Support of 200 EMA at hourly time frame
breakout with good volume rs is positive rsi > 50 i think it can make 100+ this time festive season coming up after 2 years of covid restrictions Keep SL according to your risk
Kalyan Jwelars - On weeakly chart formed a DIAMOND patron. Quarterly sale of TITAN are increased. Also Kalyan Jwelars increase their number of stores globally. rally starts on Diamond breakout.
There is a clear formation of Gap in Kalyan jewelers that is why Gap can play strong support. Buy at CMP with SL at 71.
Buy for short term target of 20 to 25% from the current market price of 72 rupees Looking very good on charts
A simple breakout into 70s zone. Short Term targets: 75, 79 Medium Term Targets: 87, 99 SL: 65 DCB
After the initial runup and profit booking thereafter seems set for upmove again above the horizontal line