A close above resistance zone of previous peaks and higher volume participation is likely to keep the bullish momentum.
Kaveri Seed Company has given a breakout after a long consolidation which started in early 2018. A close above resistance zone of previous peaks and higher volume participation is likely to keep the bullish momentum. The upward target for the stock is placed at Rs 625 - 630.
At 11:27 hrs Kaveri Seed Company was quoting at Rs 588.50, up Rs 5.15, or 0.88 percent. It has touched an intraday high of Rs 591.95 and an intraday low of Rs 581.60.
MORE WILL UPDATE SOON!!
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