KRBL is Small Cap Stock-In present is turn to Positive side but the Overall trend is in Negative Only , take carefull Entry , on Buy side Buy aboive 205 the Tgt Is 210 &222
A buy, good support holding around 220, stop at 218, inverse H&S in play.
A buy, good support holding around 220, stop at 218, inverse H&S in play.
TWO views currently in KRBL If bounced from here, will face major resistance at 300 If falls more, can find support at 200. Two key levels to watch out. (IMO)
RSI 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)
Could do at least 10% from here.
After the big consolidation the move has started....
Basmati 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...