KSCL looks bullish in medium term to long term.

Atualizado
In weekly, price bounced from ascending channel support and moving towards the channel resistance.

sl - 525 tgt1 - 705, tgt2 - 740.
Nota
channel support broken here, in.tradingview.com/x/3HBYfZGx/,
is the wave (iv) correction triggered this?, here is the probable ew count, in.tradingview.com/x/9FeHWicw/.

so I considered the 2016 jan dip as the start of impulsive wave, so as per the ew guidelines price should not breach 480-470 region and it should start its up move above or around this region, if 470-480 level is getting broken , then we need to do the recount.
Nota
price respected 470-480 level, and reversed from there, seems wave (iv) is complete and wave (v) has started here. snapshot
Nota
price at major support level snapshot
Ascending ChannelBullish PatternsTrend Analysisuptrend

Aviso legal