Thursday 11 August 2016

Kwality – Symmetrical Triangle pattern.

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Kwality on a daily chart stock price at Rs. 110.30 is on the verge to give breakout of ‘Symmetrical Triangle’ pattern at Rs. 111, any trade or closed above the level stock price will rally towards Rs. 130 levels.  Momentum oscillator MACD & RSI is rising towards north, which add more bullishness for the stock price.


Trader or investor can accumulate above Rs. 111 levels for the target of Rs. 130 level, with Rs. 104 stop loss on closing basis.



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