KRBL Buy zone approaching. UPCOMING UPTRENDRSI approaching oversold conditions. feeble signs of an upcoming trend trend reversal post truncation at the bottom(5). Wait for confirmation till wedge breakout. Buy:441 Stop:408 take profit: 493 533 568 672 1000(long term) by arora_m1
KRBL about to zoomBasmati rice stocks are expected to give a good H1 with orders from key importers expected in March-May.... Prior to Ramadan months..... Following stabilising prices..... Krbl has considerable inventory at lower levels so expect decent bottom line and operating margin growth. Further as capex capital is not foreseen in next few years... Net debt levels should also reduce .....breakout can be seen in the graph.... Expect a value of 280-300 in short term.... Technical take from a fundamental student...Longby raghuraj.pandya220