KRBL:
- BUY at cmp 27.6
- Keep a stop loss at 23.4 closing basis.
- Look for a first target of 31 and then 34.75. These correspond roughly to the Fibonacci 50% retracement and 61.8% retracement levels respectively, on the 2 yr Charts.
- Time to targets, approx 1 month if Markets behave on a macro basis.
- BUY at cmp 52.25
- Keep a somewhat deep stop loss at 44 closing basis
- First target 54 followed by 59 and then 65. Fibonacci retracement basis on the 2 yr Charts.
- My eventual 1 year target is 73.
- Assumptions : sustainance of the overall market trend and easing of the rate cycle.
- BUY at cmp 70
- Stop loss at 64 closing basis
- First target 71.5. if crossed on strong sustainable volumes then next target 81.
- Time to target 2 , a month or so, if at all.
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