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KK's Corner

Scheduled Pinned Locked Moved Charts
renkomomentumpullback
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  • B Offline
    B Offline
    B. Krishnakumar

    Pro User

    wrote on last edited by [email protected]
    #1

    Birla Corporation

    The stock is setting up well. Have a look at the 3% and 1% Renko chart of this stock. It offers a low risk entry opportunity.Birlacorp1%.png Birlacorp3%.png

    If you are aggressive, then you can take the entry when the second green brick gets printed in 1% Renko chart. Can someone tell me what will be the logic for that entry?

    Others stocks in my watch (I may have holdings in these):

    1. Mindacorp
    2. Greenpanel
    3. Tatacomm
    4. Aplapollo
    5. KSB
    6. Triturbine
    7. Hudco
    PrasiddhShroffP D 2 Replies Last reply
    5
  • Prasiddh Shroff Offline
    PrasiddhShroffP Offline
    Prasiddh Shroff

    Definedge

    replied to B. Krishnakumar on last edited by
    #2

    @B. Krishnakumar

    Tracking MINDACORP, seems like weak hands have been taken out last week

    1 Reply Last reply
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  • D Offline
    D Offline
    Deven Shah
    wrote on last edited by
    #3
    This post is deleted!
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  • D Offline
    D Offline
    Deven Shah
    replied to B. Krishnakumar on last edited by
    #4

    @B. Krishnakumar The logic would be the high probability of swing break out?

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  • D Offline
    D Offline
    Deepakk Chabria

    Pro User

    wrote on last edited by
    #5

    logic is that stock is bullish in higher TF so entry on lower TF with least Stop is the optimum point as RR will be good and probability will also be high, KK SIR please correct me if i am wrong

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  • B Offline
    B Offline
    B. Krishnakumar

    Pro User

    wrote on last edited by
    #6

    The logic is that the breakout above the mentioned level will result in a positive column reversal in the P&F chart.

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