KEC is on verge of BO. it has been trading with good volumes today..it is in a channel pattern... 2 support ( marked by black arrows) and 2 resistance levels....BUT the tradable setup is AT LEAST 3 OR MORE S&R points ( Investopedia). sometimes we break the rules and trade and that is the RISK WE TAKE.
CMP - 437 )( already 5% up)
target 1 = 473
target 2 485
CMP - 437 )( already 5% up)
target 1 = 473
target 2 485