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Saturday 3 April 2021

TECHNICAL TALK OF BULLISH BREAKOUT STOCKS

 KANCHI KAPOORAM LIMITED(CMP Rs. 818)

After 12/3/21 Kanchi Kapooram starts nonstop upward journey crossing previous top 562.From 16/2/21 to 26/03/21 corrected 50 % Fibonacci retracement following downtend channel which is technically a BULL FLAG PATTERN.Just before 3 session a bullish breakout of bull flag done.So for short to medium term stock may shoot up targeting Rs. 1075 keeping Stop loss Rs.700.


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