KAYNES TECHNOLOGY SWING

Kaynes Technology has fallen 52% in just two months company is not bad at all just some management issues were going on. It has been posting good result and the future outlook is also good for this company.
One can look to buy this stock in cash for short term swing for a short term reversal. Accumulate on dips that is buy on dips and hold for 6 months. It may give good 15 to 20 % returns.

Disclaimer this is just for educational purpose.

Jai Shree Ram.

Trade attivo

And there we go 9 percent up. This is how reversal trades are taken.
Learning- If a stock is falling 45 to 50 percent and the rsi has been below 10 on the daily timeframe and on the weekly timeframe the Rsi has come below 15 then the one can look for some reversal trade, and then check for PCR for the scrip if its below 0.6 to 0.5 then for sure look for reversal trades.

JAI SHREE RAM.

Trade chiuso: obiettivo raggiunto

JUST THE DAY THIS IDEA WAS POSTED IT GAVE US 12% on the very same day. Now again KAYNES is making a double bottom pattern. that is W. Please follow this chart for support levels and wait for the double bottom to workout. One look again for targets of around 4500 and once 4500 is broken one can look for 4700 4900 levels. Another stock from the same sector to keep an eye on is DIXON. similar kind of pattern.

JAI SHREE RAM.

Sanatan_Trader

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Sanatan_Trader