ksb pumps looks bullish in medium term to long term

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

İşlem aktif:

here we can see that in daily, recent up move has 5 fractals, now correction is going on, max retracement is .618 .

İşlem aktif:

price at .5-.618 region, there is a high chance of reversal.

İşlem aktif:

price reversed from .5 - .618 region as expected and moving up.

Yorum:

price is moving up as expected, closed at 759.20.

İşlem aktif:

moving up as expected, till now 806.8

İşlem aktif:

till now 883.15, price is trading at all time high, BB is expanding in weekly, and candles are rising upper BB,

İşlem aktif:

moving up as expected , till now 905.35

Yorum:

price has come down to retest the channel resistance zone, which ll act as a support zone.

Yorum:

cmp - 832.85, price bounced from the support zone,