KPO 0.00% 0.3¢ kalina power limited

KPO Chart Thread, page-2

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    Keeping it simple. I thought the weekly was showing a potential reversal two weeks back (grey shaded circle) however it didn't come to fruition. Initial support (although on small volume) from late December is 8.8c which coincidentally is the first gap so it would be silly not to have a test of that region in the next few days. My thoughts are the gap at 8.4c will not get filled but that all depends on the February update the market is expecting from the company (as per the quarterly - obviously short term risks are an update delay and delay in relation to the plant). Just my interpretations, but thanks for starting up another TA thread @valincarter I think its positive to discuss both FA and TA aspects and I'm still learning in both. Cheers!

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