KNRCON trade ideas
*KNR constructions*Technically Strong candidate
we have seen good Trendline breakout and taking reversals on chart
Looking good for positional from cmp 227
Add on dip till 210
Closing basis SL will be 190
Tgt 240 270 300 340++
Time frame nearly 1-1.5year
Always use 30:30:30 buying formula
Note- Before any buying and selling please consult with your Finanacial advisor.
Buy KNRCON, can gain upto 18% from current price 216.90Reasons :
Last 3 candles
1st day red candle
2nd day gap down follow by recovery
3rd day gap up with long green candle
High Volume
broken down 204.40 resistance, represent 23.60% level as well
First Target 240
Second Target : 257
***You can go long on this stock, has good financial ratios