ParamjitMahapatro

ksb pumps looks bullish in medium term to long term

Largo
NSE:KSBPUMPS   None
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
Operación activa:
here we can see that in daily, recent up move has 5 fractals, now correction is going on, max retracement is .618 .

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