Business Standard

KRBL, Whirlpool may have bottomed out, upside likely, says Mehul Kothari

According to the technical analyst from Anand Rathi, KRBL has been trading in a range of Rs 180 to Rs 340 since the last two years.

Markets, bulls, bears, stocks, trading, technicals, market technical, technical analysis
Premium

Mehul Kothari Mumbai
BUY KRBL
Target: Rs 250
Stop Loss: Rs 220

KRBL has been trading in a range of Rs 180 - 340, since the past couple of years. Recently, the stock tested the lower end of the range and is now poised to retest the upper end. On the long term charts we are witnessing that the stock has bottomed out. Thus, traders are advised to buy the stock in the range of Rs 234 - Rs 230 with a stop loss of Rs 220 for an upside potential target of Rs 250 in coming 2 to 3 weeks.

BUY WHIRLPOOL
Target: Rs 1,800
Stop Loss: Rs

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in