KSCL - Good chance to make money on either side
KSCL has given breakout with huge volume. But if you check its history, it has hardly maintained its momentum after such volume.
So, I am littile cautious about going long immediately. If it opens gap up and sustain above 425, it can give nice upmove.
If it opens flat, I think breakout will fail. So, be ready to grab shorting opportunity also.
So, I am littile cautious about going long immediately. If it opens gap up and sustain above 425, it can give nice upmove.
If it opens flat, I think breakout will fail. So, be ready to grab shorting opportunity also.
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