Symmetrical triangle pattern in weekly timeframe , Krishana Phoschem Ltd is sustaining in upper levels as well as breaking out its pattern in upside direction while if we comparing it to nifty 50 , we found that nifty 50 is very weak and bearish this stock (Krishana Phoschem Ltd) , holding it in a zone or pattern and made good bullish structure and made breakout . The fundamental is also good . My idea is for buy side here Rs 500-530 is my buy side and sl is weekly closing of candle below lower trend line and target first is Rs 1000 and T2 is 1550.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.