KPR MILL 1D

Break of Structure (BOS): A bullish breakout has occurred, signalling a potential change in trend.

Trap for Retest: This indicates a possible bull trap, where retailers might have been caught.

Institutional Buying Area: This region highlights a potential accumulation zone where institutional buyers may have entered, supporting the price.

Projected Target: A potential upside target of ₹1,008.95 is marked, representing a 15.03% gain from the current price.

Educational Insights:
The stock is in a key institutional buying zone, which can often act as a strong support level.

The break of the descending trendline and the retest of this zone increases the likelihood of an upward move.

A well-defined upside target is set, showing potential profits from this structure.

Radar:
KPR Mill Ltd. can be monitored closely for a potential long entry as the price may continue to rise from the institutional buying area, aiming for the projected target.
Supply and DemandSupport and ResistanceTrend Analysis

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