KPR MILL clean Breakout
Updated
The idea here is about KPR MILL LTD
Mentioned below are the points to be considered
Points as per TA on a Weekly Chart:
1. Weekly Candle Highlighted in chart is a Harami Pattern.
2. Gartley Pattern Completed on a weekly chart.
3. Broken out of Downtrend Channel with Good Volume .
4. Support on 20 EMA established.
5. Kumo Twist on a Daily chart is strong.
6. MACD Crossed over Signal on weekly chart.
7. RSI Comfortable at 55.01 on a weekly Chart.
Targets : Estimates based on Gartley pattern provided on the chart for reference.
Disclaimer: “The above is an idea only and not any kind of financial advice so please do your own DD (Due Diligence) before any kind of investment”.
Do you like my TA & ideas!! Want to keep yourself updated with current market action, then please follow my profile for more analysis.
Cheers.
Mentioned below are the points to be considered
Points as per TA on a Weekly Chart:
1. Weekly Candle Highlighted in chart is a Harami Pattern.
2. Gartley Pattern Completed on a weekly chart.
3. Broken out of Downtrend Channel with Good Volume .
4. Support on 20 EMA established.
5. Kumo Twist on a Daily chart is strong.
6. MACD Crossed over Signal on weekly chart.
7. RSI Comfortable at 55.01 on a weekly Chart.
Targets : Estimates based on Gartley pattern provided on the chart for reference.
Disclaimer: “The above is an idea only and not any kind of financial advice so please do your own DD (Due Diligence) before any kind of investment”.
Do you like my TA & ideas!! Want to keep yourself updated with current market action, then please follow my profile for more analysis.
Cheers.
Trade closed: target reached
Target 2 : Swing C Reached.
Disclaimer
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