KPRMILL – Breakout in Progress | High Conviction Trade
🟢 CMP: ₹1105.60
📆 Date: 17 June 2025
⏳ Timeframe: Positional (3–5 days)
🔍 Technical Setup
✅ Breakout above ₹1080 resistance after multi-week consolidation
✅ Strong bullish candle with above-average volume
✅ Holding well above 9 EMA & 21 EMA
✅ RSI rising, currently in bullish zone (60–70)
✅ Clean chart structure with minimal overhead resistance
🎯 Trade Plan
Buy Zone: ₹1090–₹1110
Stop Loss: ₹1065 (below breakout zone)
Target 1: ₹1145
Target 2: ₹1185
Target 3 (Stretch): ₹1230
Risk–Reward: Favorable (1:2.5+)
📌 Conviction Level: 🔥 High (90%)
📊 Backed by breakout, volume thrust & clean technicals
🚨 Caution: Avoid trade if price dips below ₹1065 with volume.
Watch early morning action (9:15–10:00) on 18 June to confirm strength.
💬 #KPRMILL #BreakoutTrade #SwingTrading #TechnicalAnalysis #StockMarketIndia #VolumeBreakout #NSEStocks #PriceAction
🟢 CMP: ₹1105.60
📆 Date: 17 June 2025
⏳ Timeframe: Positional (3–5 days)
🔍 Technical Setup
✅ Breakout above ₹1080 resistance after multi-week consolidation
✅ Strong bullish candle with above-average volume
✅ Holding well above 9 EMA & 21 EMA
✅ RSI rising, currently in bullish zone (60–70)
✅ Clean chart structure with minimal overhead resistance
🎯 Trade Plan
Buy Zone: ₹1090–₹1110
Stop Loss: ₹1065 (below breakout zone)
Target 1: ₹1145
Target 2: ₹1185
Target 3 (Stretch): ₹1230
Risk–Reward: Favorable (1:2.5+)
📌 Conviction Level: 🔥 High (90%)
📊 Backed by breakout, volume thrust & clean technicals
🚨 Caution: Avoid trade if price dips below ₹1065 with volume.
Watch early morning action (9:15–10:00) on 18 June to confirm strength.
💬 #KPRMILL #BreakoutTrade #SwingTrading #TechnicalAnalysis #StockMarketIndia #VolumeBreakout #NSEStocks #PriceAction
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.