Kirloskar Ferrous looks good for medium term
CHART -> Kirloskar Ferrous WEEKLY SETUP
As seen per the chart, there are few things to note:
1. When the stock was in upmove, we have seen good volumes but in downmove volumes were very low.
2. A descending triangle a breakout is seem to be forming with good volumes.
3. MACD is about to have a bullish crossover.
Looks good for medium term.
Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.
As seen per the chart, there are few things to note:
1. When the stock was in upmove, we have seen good volumes but in downmove volumes were very low.
2. A descending triangle a breakout is seem to be forming with good volumes.
3. MACD is about to have a bullish crossover.
Looks good for medium term.
Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.