Kinetic Motors: Finally, Support @26.50

KINETIC MOTORS Daily NSE Stock Chart Technical Analysis:

Kinetic Motors remained unmoved on a day even when the stock market fell sharply.

Close & CMP: 27.65

Market Outlook:

• The price has the potential to rise again from the level of 26.50.
• Can be purchased as it rises above 28.50.

Technical Indicators:

• The price formed a Doji Candlestick at its support level of 26.50.
• This support seems strong and should be able to hold fort.
• The price didn't fall even though the market crashed, indicating further strength at this support level.
• The momentum is also low and should start rising very soon.
• In nutshell, seems like a good time to look at Kinetic Motors as a buy.

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KINETIC MOTORS Daily NSE Stock Chart Technical Analysis