#KNRCON #Knrcon Now Hold above 321.65 - & 322.40 then intraday It can try to kiss 327-331+ near 327-&-331 profitbooking can come but that digest then chart suggesting sharp move towards 345 to 356 or even biggerrrr We are Loving This Stock Too Much in long term but levels are very imp we will go as per levels not blind way Intraday Imp Points...
1. Forming an Inverted Head and Shoulder pattern . 2. Volumetric profile shows , Buyers will come up 3. RSI above 60 and moving uP . 4. Over the last 5 years, revenue has grown at a yearly rate of 19.75%, vs industry avg of 4.57% 5. Company able to generate Net Cash - Improving Net Cash Flow for last 2 years 6. 12.81% away from 52 week high 7. FII/FPI have...
I have been watching KNR Construction for long time. This is my comfort zone where I can buy with small quantity and wait for a trend to emerge. Volume is good between 280 & 300 and delivery % is also good. No opinion on Fundamentals. Purely Technical call.
KNR CONSTRUCTIONS SWING TRADING IDEA Buy on CMP or Lower than CMP if it comes down Stop loss is below 280 Target is 332 to 345 Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred...
The stock has broken out and took a support at the previously upper trendline. Trade is supported by brokerage calls and Supports Nearby. The stock has previously broken out with good volumes and has retested the upper trendline which is the point of entry. Risk Reward Ratio - 1:1. SL is placed below multiple major support zones and previously upper Trendline.
Wait for retracement till .5 Lvl. (213.75) Can add small Qty and move as per price action. Final Target : 271 Final Target : 292
KNR has formed a flag pattern in Daily charts...if it crosses the upper trend line expect it to go up to 221, 233 and above...if it opens with a big surge of volume it can scale 250 also
Technically Strong candidate we have seen good Trendline breakout and taking reversals on chart Looking good for positional from cmp 227 Add on dip till 210 Closing basis SL will be 190 Tgt 240 270 300 340++ Time frame nearly 1-1.5year Always use 30:30:30 buying formula Note- Before any buying and selling please consult with your Finanacial advisor.
follow the details on chart
KNRCON is looking strong bullish from CMP it may move upside till 230/260 within 10-15 days. Short term trader, swing trader can initiate long position at cmp 214-210 with the SL 200. NSE:KNRCON
MULTIYEAR BREAKOUT ABOVE 350 FULL FORCE ABOVE THIS LEVEL. TARGET 400, 535+++ SL: 315 RISK IS YOURS and Reward is too yours totally
#KNRCON #KNR #CONSTRUCTIONS KNR Constructions Ltd. CMP: 260.30 Target: 283 SL: 242 If you like my work, kindly LIKE, SHARE, & FOLLOW for latest stock recommendations. :)
Reasons : Last 3 candles 1st day red candle 2nd day gap down follow by recovery 3rd day gap up with long green candle High Volume broken down 204.40 resistance, represent 23.60% level as well First Target 240 Second Target : 257 ***You can go long on this stock, has good financial ratios