ksb pumps looks bullish in medium term to long term

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

تم فتح الصفقة:

here we can see that in daily, recent up move has 5 fractals, now correction is going on, max retracement is .618 .

تم فتح الصفقة:

price at .5-.618 region, there is a high chance of reversal.

تم فتح الصفقة:

price reversed from .5 - .618 region as expected and moving up.

تعليق:

price is moving up as expected, closed at 759.20.

تم فتح الصفقة:

moving up as expected, till now 806.8

تم فتح الصفقة:

till now 883.15, price is trading at all time high, BB is expanding in weekly, and candles are rising upper BB,

تم فتح الصفقة:

moving up as expected , till now 905.35

تعليق:

price has come down to retest the channel resistance zone, which ll act as a support zone.

تعليق:

cmp - 832.85, price bounced from the support zone,