KRBL
CMP -345
Please keep in consideration that we go buy Stage Analysis and EW method of tracking the good fundamental companies.
Hence if one is following the bullish stocks pointed out by us, should have at least basic knowlwdge of Stage-Analysis .
That’s why we give full background and reasoning on the basis of technicals in the most of our posts.
In case of KRBL, it is still in good phase as per Stage Analysis – it has not closed below 40 WEMA for more than obe weekend in recent weekends.
If it closes below 40 WEMA for 2-3 weekends and is unable to reclaim this important weekly EMA , we would back -out and would consider it weak.
Hope it is helpful…while tracking the stocks ,by keeping the key MAs in consideration and one can take a call by himself.
Weekly Chart
Disclaimer : This post is just an effort for learning few methods of price-patterns. Views are personal and are purely based on our limited knowledge of charts. No buy/sell recommendations. These are probability study methods and chances of success/failure depend upon various factors
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