KEL | Next Support!KEL is facing selling pressure and can test its support level of 4. If the selling pressure resumes and the buyer gets active then a possible pull back is expected towards the trend line resistance around 5.50.Shortby mbaberhanif2
KEL🚀 Stock Alert: KEL 📈 Investment View: Technically Bullish 📈 🔍 Quick Info: 📈 Buying Range: 4.70-4.80 🎯 First Target: 5.40 🎯 Second Target: 6 ⚠ Stop Loss: 4.25 ⏳ Nature of Trade: Short Term (Scalping) 📉 Risk Level: Medium ☪ Shariah Compliant: YES 💰 Dividend Paying: NO 📰 Technical View: The price is rejecting after making a top of 5.41 and currently near to its support level that lies around 4.80-4.70 from where pull back is expected. Upon confirmation long position can be consider for the target of 5.40 and upon break and sustain it can trigger towards 6 rupees. Use stop loss at 4.25 to manage risk. Longby mbaberhanifUpdated 2
KEL🚀 Stock Alert: KEL 📈 Investment View: Technically Bullish 📈 🔍 Quick Info: 📈 Entry Level: 4.50 🎯 First Target: 5 🎯 Second Target: 5.50 ⚠ Stop Loss: 4 ⏳ Nature of Trade: Short Term (Scalping) 📉 Risk Level: Medium ☪ Shariah Compliant: YES 💰 Dividend Paying: NO 📰 Technical View: The price action pull back from its trend line and currently trading in a consolidation phase. Upon break out price can test its initial resistance around 5 and upon breaching secondary resistance lies around 5.50. Use stop loss at 4.50 if it breaks downward to manage risk. Longby mbaberhanifUpdated 2
KEL Inverted Head & Shoulder PatternIt is advisable to consider the formation of an inverted head and shoulders pattern, suggesting a potential trading opportunity. A suggested entry point would be at the right shoulder, indicated at 4.50. Following the breakout above the neckline, resistance is anticipated at 5.80, presenting a potential gain of 30% post-accumulation. It is noteworthy that a significant supply zone is identified at 6.30. Thank you for reading. If you boost, I know you enjoyed the content and I can continue to publish more. Feel free to follow. Thanks a lot for your support. Assalam O Alikum.Longby mbaberhanifUpdated 11
KEL🚀 Stock Alert: KEL 📈 Investment View: Technically Bullish 📈 🔍 Quick Info: 📈 Entry Level: 4.35 🎯 First Target: 4.85 🎯 Second Target: 5.20 ⚠ Stop Loss: 3.90 ⏳ Nature of Trade: Short Term (Scalping) 📉 Risk Level: Medium ☪ Shariah Compliant: YES 💰 Dividend Paying: NO Longby mbaberhanif0
KELKEL Buy at HL(also 0.5 FIB , trendline support intact ) SL , TP mention in chartLongby SignalEdge2
KEL is BearishKEL seems to have exhausted its bullish momentum, as bears warm up to seize momentum from resistance around 6.70. Huge bearish divergence on RSI also signals that caution must be practiced. Shortby Fahad-Rafique2
KELThe price is approaching the monthly resistance at 4.88, with a notable 96.5 million increase involumes on DoD basis. Short-term rejection is anticipated, and a breakthrough could test next resistance at 6.75. Risk is defined below 2.91.Longby mbaberhanif2
KEL can test supportKEL give closing above 2.50 with high volumes. It can give correction till 2.50 to test its previous resistance acts as support for the next pump. Stop loss below 2.50.Longby mbaberhanif5
KEL next big moveKEL - 1D: Price action is currently testing resistance around 2.50 with structural break of parallel channel. It seems that price may have the strong potential to break successfully of this zone and enters above the resistance to act as support. We can expect the price to unlock the next resistance (target) of around 3.67. However, risk is defined under 1.90.Longby mbaberhanif2