KSCL - Investment Stock!
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KSCL is forming a rounding bottom in weekly chart showing the stock is bullish. Every pullback is a buying opportunity.The rounding bottom or saucer bottom is a long term reversal pattern which indicates a shift from the downtrend to an uptrend. This pattern forming in the weekly chart indicates this script is turning from bearish to bullish . When buyers enter the market at a low price, it increases the demand for the stock . Once the rounding bottom is complete, the stock breaks out and will continue the uptrend. I expect this stock to reach 750 levels is one year. Consult your financial manager before investing,
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