Break of Structure (BOS): A bullish breakout has occurred, signalling a potential change in trend.
Trap for Retest: This indicates a possible bull trap, where retailers might have been caught.
Institutional Buying Area: This region highlights a potential accumulation zone where institutional buyers may have entered, supporting the price.
Projected Target: A potential upside target of ₹1,008.95 is marked, representing a 15.03% gain from the current price.
Educational Insights: The stock is in a key institutional buying zone, which can often act as a strong support level.
The break of the descending trendline and the retest of this zone increases the likelihood of an upward move.
A well-defined upside target is set, showing potential profits from this structure.
Radar: KPR Mill Ltd. can be monitored closely for a potential long entry as the price may continue to rise from the institutional buying area, aiming for the projected target.
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