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Published on 17/11/2020 10:32:21 AM | Source: LKP Securities Ltd

LKP Spade, Weekly Pick - Buy Kalyani Steels Ltd For Target Rs.260 - LKP Securities

Posted in Broking Firm Views - Short Term Report| #Kalyani Steels Ltd #LKP Securities Ltd #Trading Report #Steel

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* Stock has given a symmetrical triangle pattern breakout on daily chart which is consider as bullish continuation pattern.

* Strong volume activity is witnessed during breakout which shows strength of the breakout.

* Both momentum indicator RSI and MACD both showing positive moves.

Buy Kalyani Steels Ltd @ 237-239 TGT 260 SL Below Rs. 225 CB Duration 1 Week

 

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