FOR LEARNING PURPOSE
KIRLOSKAR BROTHERS- I am going to buy this stock because of the reasons as follows-
1. Its coming out from a good consolidation
2. The breakout candle is good with great volume
3. It is showing better relative strength
4. The risk and reward is favourable
5. It is at fair valuation plus has healthy long term growth
6. Coming out from Stage 2b so it has more upside chances
I am going to buy this on Monday with minimum target of 35-40% and then will trail after that.
My SL is at 918.60 rupees
I will be managing my risk.
KIRLOSKAR BROTHERS- I am going to buy this stock because of the reasons as follows-
1. Its coming out from a good consolidation
2. The breakout candle is good with great volume
3. It is showing better relative strength
4. The risk and reward is favourable
5. It is at fair valuation plus has healthy long term growth
6. Coming out from Stage 2b so it has more upside chances
I am going to buy this on Monday with minimum target of 35-40% and then will trail after that.
My SL is at 918.60 rupees
I will be managing my risk.