On the daily chart, KRBL LIMITED is on the higher highs chart pattern break out on daily chart also verge of a breakout from a channel pattern suggesting bullishness building up in the stock. Further, the stock has broken out from wedge pattern triggering a resumption of bull trend.
The stock last low at 298 levels date of 28 June 2018 and after that didn’t break this levels bounce bank at consolidation 351 and 300 levels last two months.
The RSI has turned upwards after forming a positive divergence indicating that the downtrend is losing steam. The KRBL LIMITED stock may be bought in the range of Rs 365-367 for targets of Rs 380-405, and a stop loss below Rs 349.
For more information Whatsapp@ +91-9755855566 or visit@ http://www.saiproficient.com/
The stock last low at 298 levels date of 28 June 2018 and after that didn’t break this levels bounce bank at consolidation 351 and 300 levels last two months.
The RSI has turned upwards after forming a positive divergence indicating that the downtrend is losing steam. The KRBL LIMITED stock may be bought in the range of Rs 365-367 for targets of Rs 380-405, and a stop loss below Rs 349.
For more information Whatsapp@ +91-9755855566 or visit@ http://www.saiproficient.com/
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