MEDIUM TERM PICK : KSCL

Reasons for Buy

1) 1st Bull Fractal Break resulting into impulsive upmove

2) bear fractal not broken and support taken

3) price move up after 1st FFB , SB also moving UP

4) Arriving at the Support formed during impulsive move with lots of indecision and higher lower wicks, which shows lower price rejection

5) forming bullish engulfing previous 2 candles

6) Daily Perfect Kumo Breakout

Entry: if Current Monthly Candle engulfes previous 2 candles at close. Take Entry 1 tick above high of this candle

Stop Loss: CB 422

TARGET 1: 668.2

TARGET 2: 814.7

TARGET 3 :1051.7