Kalpataru Projects International Ltd: Breakout Confirmed,

3월 12일

Analysis:

Current Price: ₹1107.45
Breakout: Price recently broke above a resistance level at ₹1040.60 (marked by the yellow line on the chart).

Long Entry:

Confirmation: If the price sustains above the breakout level (₹1040.60), a long position can be considered.

Alternative Entry:

Pullback: If the price pulls back and finds support at the previous resistance level (now turned support - we can enter a long position here.

Stop Loss:

A stop-loss can be placed below the previous resistance level (turned support) for added protection.

Target:

The target price can be determined based on technical analysis indicators or profit goals.

Overall Bias:

The breakout suggests a potential bullish trend.
Important Note:

This is just an idea based on the information provided. It's important to conduct your own research and analysis before making any trading decisions.