Trading Opportunity: Kabra Extrusiontechnik (Daily Flag Breakout
Stock: 
KABRAEXTRU
Pattern: Flag Breakout (Daily Chart)
Type: Short to Medium-Term Trade
Trade Details
Buy Level: ₹513
Stop-Loss: ₹485
Targets:
₹527
₹543.35
₹555.60
₹570.05
₹584.35
Final Target: ₹597.50
Risk-to-Reward Ratio: 1:3
Analysis and Rationale
Kabra Extrusiontechnik has formed a classic flag breakout pattern on the daily chart, signifying a strong continuation of the ongoing uptrend.
Entry Level: ₹513 aligns with the breakout confirmation.
Stop-Loss: ₹485 protects against invalidation of the setup.
Targets: Derived based on measured moves and prior resistance levels.
Key Observations
Trend Continuation: The flag breakout indicates bullish momentum.
Risk Management: Attractive risk-to-reward ratio of 1:3 enhances trade viability.
Scaling Out: Partial profit-booking at intermediate targets is advised.
Disclaimer
This analysis is for educational purposes only. Trading involves risk; consult a financial advisor before making investment decisions. Always trade within your risk tolerance.
KABRAEXTRU Pattern: Flag Breakout (Daily Chart)
Type: Short to Medium-Term Trade
Trade Details
Buy Level: ₹513
Stop-Loss: ₹485
Targets:
₹527
₹543.35
₹555.60
₹570.05
₹584.35
Final Target: ₹597.50
Risk-to-Reward Ratio: 1:3
Analysis and Rationale
Kabra Extrusiontechnik has formed a classic flag breakout pattern on the daily chart, signifying a strong continuation of the ongoing uptrend.
Entry Level: ₹513 aligns with the breakout confirmation.
Stop-Loss: ₹485 protects against invalidation of the setup.
Targets: Derived based on measured moves and prior resistance levels.
Key Observations
Trend Continuation: The flag breakout indicates bullish momentum.
Risk Management: Attractive risk-to-reward ratio of 1:3 enhances trade viability.
Scaling Out: Partial profit-booking at intermediate targets is advised.
Disclaimer
This analysis is for educational purposes only. Trading involves risk; consult a financial advisor before making investment decisions. Always trade within your risk tolerance.
منشورات ذات صلة
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