What's so hard to take a trade? Simple analysis of support and resistance based on volumes!!!
Stock coming out of 0.62 fibonacci level with good volumes.Buy for short term target of 402.
Kolte Patil stock has formed reverse head and shoulder and broke the channel it is good buy around current market price with below demand zone as stop loss and crossing above the immediate supply zone will see more fire works for the target given on the chart. let's see... Happy Investing!
Kolte Patil developers - Bearish Bias - Can Short at current levels
Until another pattern emerges, i shall look for opportunity to trade in 40-50 pts range in this counter. I believe Kolte Patil shall continue trading in a sideways pattern. 215-205 a good entry leve with Sl 190 and a TGT 250-265.
NSE:KOLTEPATIL
if there is a massive budget push towards affordable housing, another stock which could breakout and give a sharp move.
Kolte Patil seems to have completed 5 waves up from the year 2009. Also it broke 200DMA. The last time it broke 200DMA, it cracked 60% (dropped from 204 to 70s). If it does the same now, expect the price below 150.
KoltePatil Long cmp 163 Target 185,203.236 SL 131 June Qtr Profit 25 Cr Vs 18 Cr