Even RSI also giving higher high's in daily chart . however we could see a resistance at 300 level which may lead to small correction. as long as it sustains above 200DMA we can add on every dip.
KNR Construction has been gaining for the last 2 days and has risen almost 10% returns in the period with volume 25% above its 5 day average and also forming symmetrical triangle pattern . Look for possible breakout at 283-285.
Buy KNR Constructions at CMP
SL : 235
Tgt : 265, 280, 290 till December end
Nice close above 200dma, MACD bullish cross over...
Disclaimer : Sharing for educational purposes
As per Daily charts: descending triangle: Sell: 183,Target: 145 SL: 210
Overall LT target of 57 as per rounded top formation
Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.
