KSBP LONG TRADE (SECOND STRIKE)KSBP LONG TRADE (SECOND STRIKE)
Those who missed, KSBP is offering another ride. It has potential to attain targets beyond current price.
It is in Spike Phase and it created several Inefficiency Zones and Defensive POI. Not to forget the Marubozu candles in the past week demonstrating strength of the uptrend.
🚨 TECHNICAL BUY CALL – KSBP🚨
BUY1: 257
BUY2: 247
BUY3: 237
📈 TP : Rs. 278
📈 TP : Rs. 298
📈 TP : Rs. 344 (LONG TERM)
🛑 STOP LOSS: BELOW Rs. 220 (Daily Close)
📊 RISK-REWARD: 1:7
Caution: Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
PLEASE BOOST AND SHARE THE IDEA IF YOU FIND IT HELPFUL.
KSBP trade ideas
KSBP LONG TRADE KSBP is in uptrend since Sep 2023. Then it entered Wyckoff Re-Accumulation Phase from Nov 2024 till April 2025. It broke out of this Re-Accumulation Phase with asserted Volume Gradient. It also retested the Breakout at the OB causing the Breakout, made a SPRG at newly established support level. It also plotted HH and HL. With all above aspects factored in, we foresee an impending up move.
🚨 TECHNICAL BUY CALL – KSBP🚨
🎯 BUY ZONE: Rs. 166-172
📈 TP : Rs. 204
🛑 STOP LOSS: BELOW Rs. 158 (Daily Close)
📊 RISK-REWARD: High Conviction | 1:4
Caution: Please buy in 3 parts in buying range. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
PLEASE BOOST AND SHARE THE IDEA IF YOU FIND IT HELPFUL.
Hidden Bullish Divergence appeared.Hidden Bullish Divergence appeared.
Breaking Out a long Consolidation Box around
145 - 149.
164 - 169 is a Strong Resistance zone.
If this Level is Sustained, we may witness
200+
However, if 135 - 136 is broken, more Selling
Pressure will be witness & it may drag the price
towards 113 - 115.