KSBP has demonstrated strong performance over the past trading month.
From a broader perspective, the stock had been in a Wyckoff Accumulation phase since late 2021, with all key transitional phases and events clearly identifiable on the chart. Throughout this period, it consistently formed higher highs and higher lows, gradually progressing in an upward trend and eventually breaking out of the accumulation zone.
Currently, KSBP appears to be retesting the breakout level, potentially setting the stage for the next leg up.
Buying and Profit Taking Levels are same as shared previously - Just keep SL revised Level as 200.
🛑 STOP LOSS: BELOW Rs. 200 (Daily Close)
PLEASE BOOST AND SHARE THE IDEA IF YOU FIND IT HELPFUL.
From a broader perspective, the stock had been in a Wyckoff Accumulation phase since late 2021, with all key transitional phases and events clearly identifiable on the chart. Throughout this period, it consistently formed higher highs and higher lows, gradually progressing in an upward trend and eventually breaking out of the accumulation zone.
Currently, KSBP appears to be retesting the breakout level, potentially setting the stage for the next leg up.
Buying and Profit Taking Levels are same as shared previously - Just keep SL revised Level as 200.
🛑 STOP LOSS: BELOW Rs. 200 (Daily Close)
PLEASE BOOST AND SHARE THE IDEA IF YOU FIND IT HELPFUL.
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.