#LONG: Multi-year Breakout in KIRLOSKAR BROS.

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The scrip was trading below multi-year resistance trend line since 2011.It gave a breakout from the trend line in the month of May'23, forming a large bullish candle on monthly time frame rising 34.6% in May'23 itself. In last 3 months(including the ongoing month) it has risen by approx 57%. The Stock rose nearly 2.14% today hitting an ATH of 654.70, which is also a 10-Year High.

Stop Loss: 600 (daily closing basis)

Potential: 45 to 76%
Time period: 3-6 months(Expected)
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Target 1 achieved on 14th Aug '23
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ready to achieve target 2
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Target 2 achieved on 19th Oct' 23!!
交易结束:到达目标
1000 points plus return per share!!!!!!
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Who knew that the stock will be a multi-bagger??
Chart PatternskirloskarbrothersTrend Analysis

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