Long

ksb pumps looks bullish in medium term to long term

Aktualisiert
it was range bound and consolidating since 2015, now it has given breakout with good volume in weekly time frame, unless it is a fake breakout it has good upside potential.

with a sl of 650, 1st tgt to expect - 965
Trade ist aktiv
here we can see that in daily, recent up move has 5 fractals, now correction is going on, max retracement is .618 .

Snapshot
Trade ist aktiv
price at .5-.618 region, there is a high chance of reversal. Snapshot
Trade ist aktiv
price reversed from .5 - .618 region as expected and moving up. Snapshot
Anmerkung
price is moving up as expected, closed at 759.20. Snapshot
Trade ist aktiv
moving up as expected, till now 806.8
Trade ist aktiv
till now 883.15, price is trading at all time high, BB is expanding in weekly, and candles are rising upper BB, Snapshot
Trade ist aktiv
moving up as expected , till now 905.35
Anmerkung
price has come down to retest the channel resistance zone, which ll act as a support zone. Snapshot
Anmerkung
cmp - 832.85, price bounced from the support zone, Snapshot
breakoutBullish PatternshighvolumeTrend Analysis

Haftungsausschluss