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KENNAMET - Bullish Consolidation Breakout
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KENNAMET - Bullish Consolidation Breakout
Oleh BrahmaBull31
Ikuti
Ikuti
11 Nov 2022
3
11 Nov 2022
NSE: KENNAMET is closing with a strong bullish candle supported with volumes
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been consolidating for the past few days and moving along the trendline which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
bullishbreakout
Candlestick Analysis
consolidation-breakout
Supply and Demand
swingtrade
Trend Lines
BrahmaBull31
Ikuti
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