KECL potential breakout - 3 months base.
- Volatility Contraction Pattern
- Low risk entry point.
- volume contraction.
KECL
Kirloskar ElectricKIrloskar Electric is about to break today . If break happens and remains above 126 the price will shot up again . As the price had broken and holded above monthly high .
KECLThis stock breakout 12 years level and W pattern if strong candle closed i am considered good breakout
and this is only for educational purpose only
KEC INTERNATIONAL Buy IdeaAs per my analysis or view, NSE:KEC is now ready to move upside as price sustained above level of 583.20. Best positional buy level if 590 with stop loss of 550 (-40). Expected upside target would be 624 (+34) & 661 (+71).
Note: This is my personal analysis, only to learn stock market behavior. Thanks.
#KIRLPNU 660 Tgt 800 21% Buy-Rachit Sethia #Kirloseng #kirloskarKIRLPNU 660
TGT 800
SL 600
RR > 2.4
Return >21%
TF < 6M
Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
KEC International :: BUYKEC International is looking like a great investment at the current level. This has also been recommended by ICICI Direct with target of 334.00
