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ksb pumps looks bullish in medium term to long term

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it was range bound and consolidating since 2015, now it has given breakout with good volume in weekly time frame, unless it is a fake breakout it has good upside potential.

with a sl of 650, 1st tgt to expect - 965
交易進行
here we can see that in daily, recent up move has 5 fractals, now correction is going on, max retracement is .618 .

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交易進行
price at .5-.618 region, there is a high chance of reversal. 快照
交易進行
price reversed from .5 - .618 region as expected and moving up. 快照
註釋
price is moving up as expected, closed at 759.20. 快照
交易進行
moving up as expected, till now 806.8
交易進行
till now 883.15, price is trading at all time high, BB is expanding in weekly, and candles are rising upper BB, 快照
交易進行
moving up as expected , till now 905.35
註釋
price has come down to retest the channel resistance zone, which ll act as a support zone. 快照
註釋
cmp - 832.85, price bounced from the support zone, 快照
breakoutBullish PatternshighvolumeTrend Analysis

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