this trade is based on Support, expecting 590 as strong support. If 590 is breached, will be updating the trade.
Expecting big volumes, if does not happen in a week, will be downsizing 50% of the position.
Breakout Trade, upcoming resistance are all time high, 3000 zone.
Long trade, expecting the momentum to continue. Small cap stock, Mar. cap is 1,668.76.
Below zone in support there could me upmove too. If the trend changes will update from short to Long in future.
Market Cap ₹ 5,167 Cr. Orient Electric is one of the leading consumer electrical brands in India with a diverse portfolio of fans, lighting, home appliances and switch-gears. The company takes pride in its R&D capabilities, spirit of continuous innovation and commitment to manufacturing cutting-edge lifestyle electrical products that meet the needs and...
Market Cap: ₹ 1,777 Cr. StoveKraft Ltd was incorporated in 1999 by Mr. Rajendra Gandhi. It manufactures a wide range of kitchen solutions under Pigeon (value), Gilma (semi-premium) brands and acts as an exclusive partner for kitchen appliances of the BLACK + DECKER (premium) brand. The products comprise cookware and cooking appliances, while the home solutions...
Market Cap: ₹ 21,601 Cr. Whirlpool of India Ltd is one of the leading manufacturers and marketers of major home appliances in the country.
Market Cap: ₹ 9,569 Cr. Cera Sanitaryware Ltd is engaged in the business of manufacturing, selling and trading of various kinds of building products. It also has non-conventional wind & solar power for captive use in the state of Gujarat.
Reason to short: The KTKBANK is volatility in day time frame, Monthly shows the bear's are intact. Weekly, Ascending triangle pattern breakdown Weekly, Support broken.