Swing Trading Kalyan Jewellers (CMP 449.85) - TGT 565
### Swing Trading Alert Recommendation: Kalyan Jewellers India Ltd (KALYANKJI)
#### Trade Setup:
- **Current Price (CMP):** 449.85
- **Entry Point:** Confirm entry upon a successful breakout above 466.20.
- **Target 1:** 505.70
- **Target 2:** 565.70
- **Stop Loss:** Below 400
#### Analysis:
Kalyan Jewellers India Ltd is showing signs of a bullish breakout above the resistance level of 466.20. Upon confirmation, the price could move towards the targets of 505.70 and 565.70. Ensure to manage risk effectively with a stop loss below 400.
#### Disclaimer:
This trading alert is for informational purposes only and does not constitute financial advice. Trading stocks involves significant risk and may not be suitable for all investors. It is essential to conduct your own research and consult with a financial advisor before making any trading decisions. Only trade with capital that you can afford to lose, and ensure you understand the risks associated with stock trading. The author is not responsible for any losses incurred from following this recommendation.
#### Trade Setup:
- **Current Price (CMP):** 449.85
- **Entry Point:** Confirm entry upon a successful breakout above 466.20.
- **Target 1:** 505.70
- **Target 2:** 565.70
- **Stop Loss:** Below 400
#### Analysis:
Kalyan Jewellers India Ltd is showing signs of a bullish breakout above the resistance level of 466.20. Upon confirmation, the price could move towards the targets of 505.70 and 565.70. Ensure to manage risk effectively with a stop loss below 400.
#### Disclaimer:
This trading alert is for informational purposes only and does not constitute financial advice. Trading stocks involves significant risk and may not be suitable for all investors. It is essential to conduct your own research and consult with a financial advisor before making any trading decisions. Only trade with capital that you can afford to lose, and ensure you understand the risks associated with stock trading. The author is not responsible for any losses incurred from following this recommendation.
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