Momentum Trading Picks - Kaveri Seed Company (KSCL)As we can see the Cup is forming on a Monthly chart of KSCL and the target of a cup is determined by the depth of the cup and target is almost 800 points away from the current price of KSCL and we can see the buying happening in the KSCL stocks in last 3 months the volume is increasing.
KSCL
#AGROPHOS 35 Tgt 43 SL 33 @in_Tradingview Buy - Rachit SethiaAGROPHOS
CMP 35.35
TGT 43+
SL 33
Return ~ 25%
TF 6months
RR ~ 4.2
NSE:AGROPHOS
#AGROPHOS
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
Long - KSCL with Bullish Descending triangleHello Investors,
KSCL is making a bullish descending triangle. In a weekly time, frame, it has made a rejection candle twice. And today, it broke the descending triangle with volume.
STRICT STOP LOSS = 469
Target of 677-700 is an important level as it has not gone beyond 700 in the past three years. At 700 level we might see some profit booking or may be a nice rocket momentum.
I hope you will benefit from this knowledge
-MetaVish
MEDIUM TERM PICK : KSCLReasons for Buy
1) 1st Bull Fractal Break resulting into impulsive upmove
2) bear fractal not broken and support taken
3) price move up after 1st FFB , SB also moving UP
4) Arriving at the Support formed during impulsive move with lots of indecision and higher lower wicks, which shows lower price rejection
5) forming bullish engulfing previous 2 candles
6) Daily Perfect Kumo Breakout
Entry: if Current Monthly Candle engulfes previous 2 candles at close. Take Entry 1 tick above high of this candle
Stop Loss: CB 422
TARGET 1: 668.2
TARGET 2: 814.7
TARGET 3 :1051.7