KNR CONSTRU LTD.
Long

Update - KNR Constructions

265
Stock has come down from previous post with market volatility. But again bouncing back from support level. Fundamentally good stock and undervalued as compared to its peers.
Consolidation is always good after multi year breakout. Once the stock crosses this consolidation area this may give one sided rally towards target of 500.
Keeping in radar.
Good RR
Keep SL below current weekly candle and initiate trade.
Personally i have averaged it out at 340.

Please do your analysis before taking any trade.

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