Long

ksb pumps looks bullish in medium term to long term

Mis à jour
it was range bound and consolidating since 2015, now it has given breakout with good volume in weekly time frame, unless it is a fake breakout it has good upside potential.

with a sl of 650, 1st tgt to expect - 965
Transaction en cours
here we can see that in daily, recent up move has 5 fractals, now correction is going on, max retracement is .618 .

snapshot
Transaction en cours
price at .5-.618 region, there is a high chance of reversal. snapshot
Transaction en cours
price reversed from .5 - .618 region as expected and moving up. snapshot
Note
price is moving up as expected, closed at 759.20. snapshot
Transaction en cours
moving up as expected, till now 806.8
Transaction en cours
till now 883.15, price is trading at all time high, BB is expanding in weekly, and candles are rising upper BB, snapshot
Transaction en cours
moving up as expected , till now 905.35
Note
price has come down to retest the channel resistance zone, which ll act as a support zone. snapshot
Note
cmp - 832.85, price bounced from the support zone, snapshot
breakoutBullish PatternshighvolumeTrend Analysis

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