KRBL BAT BULLISH GARTLEYTIME FRAME H-1
BUY ENTRY: INR 286 - 290.90
STOP LOSS: INR 283.90
TARGET-1 : INR 297.15
TARGET-2: INR 304.65
KRBL trade ideas
KRBL about to zoomBasmati rice stocks are expected to give a good H1 with orders from key importers expected in March-May.... Prior to Ramadan months..... Following stabilising prices.....
Krbl has considerable inventory at lower levels so expect decent bottom line and operating margin growth. Further as capex capital is not foreseen in next few years... Net debt levels should also reduce .....breakout can be seen in the graph.... Expect a value of 280-300 in short term.... Technical take from a fundamental student...
