Long

KIRLOSKAR FERROUS

Updated
This chart is at the request of a well wisher.

The stock has been moving in channels within a bigger channel and is now hanging in near the top of the channel for quite some time with accumulation going on.

A positive divergence suggests the stock is quite ready for an up move.
Trade active
Target 1 met. Driving to Target 2
Trade closed: target reached
All Targets achieved. Continue holding till you see signs of weakness.
Chart PatternsDivergenceTechnical Indicatorskirloskarkirloskarferrousindustriesparallelchannelspriceactionrsi_divergenceTechnical AnalysisTrend Analysis

*DISCLAIMER*
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.
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