Rugminik

KIOCL - A swing Trade opportunity

Long
Rugminik Updated   
NSE:KIOCL   KIOCL LTD
The stock is consolidating for about 10 weeks, and ready to move out of the consolidation zone, indicated through price action, RSI is supportive.

One may enter and hold for a minimum 10% then trail towards 25% target.

Entry - 404-410, Target 452, 522.
Comment:
Target hit , stock is up by 12% - single day. 410 - 465. Can trail targets strictly as per one's own risk management till 522.
Comment:
All targets hit, whopping 40% returns in 2 weeks.
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