Wait and watch for Kesoram: Mitesh Thacker
I would not be surprised to see a much bigger rally slowly evolving over here with a price target of about 138 to 140.
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| Updated: In a chat with ET Now, Mitesh Thacker, Technical Analyst, miteshthacker.com, shares his views on KSK Energy and Kesoram.
On the charts KSK Energy and Kesoram?
Kesoram has come into the kind of radar just because of the move which it give yesterday. It met one of the first targets at about 119. It has made a high of about 117 so you might see some kind of consolidation happening over here but otherwise the trend has been triggered on the upside. I would not be surprised to see a much bigger rally slowly evolving over here with a price target of about 138 to 140. Buying range would be around 100 so I would just wait for the stock to cool off a bit after a spectacular ran for the last few days.
On the charts KSK Energy and Kesoram?
Kesoram has come into the kind of radar just because of the move which it give yesterday. It met one of the first targets at about 119. It has made a high of about 117 so you might see some kind of consolidation happening over here but otherwise the trend has been triggered on the upside. I would not be surprised to see a much bigger rally slowly evolving over here with a price target of about 138 to 140. Buying range would be around 100 so I would just wait for the stock to cool off a bit after a spectacular ran for the last few days.
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