KIrloskar Electric is about to break today . If break happens and remains above 126 the price will shot up again . As the price had broken and holded above monthly high .
A triangle appears to reflect a balance of forces, causing a sideways movement that is usually associated with decreasing volume and volatility. The triangle pattern contains five overlapping waves that subdivide 3-3-3-3-3 and are labeled A-B-C-D-E. A triangle is delineated by connecting the termination points of waves A and C, and B and D. Wave E can undershoot...
This stock breakout 12 years level and W pattern if strong candle closed i am considered good breakout and this is only for educational purpose only
This stock breakout 12 years level and W pattern if strong candle closed i am considered good breakout and this is only for educational purpose only
KECL taking support near previous high Breakout candidate on weekly chart after retest and bounce from support
Break out on daily charts. KECL Looking Good on the charts. Happy Trading
My favorite "Necklace Pattern" is getting unfolded in "KECL" on monthly Time Frame. In fact, this Kirloskar Group is seriously re-vamping all its group companies & it's evident in their charts as well! Referring Monthly TF on BSE Chart since NSE has limited data to study for this scrip. Cheers!
It has recently broken out of a base in its weekly chart with huge volumes. A good candidate to take long position with favourable risk:reward. Can can take position with 90.55 as SL
KECL Kiloskar Electric NSE is bullish if 30.5 holds. NEW 52WEEK High. Fresh Breakout. Positive Trend. Disclaimer: Educational Purpose Only. Not Buy Sell Reco . Not Sebi Registered.
Given a channel breakout , best buy around 26 tgt 35-37
After a long consolidation, seems to be a good Breakout candidate.