Noticed an interesting setup on Krsnaa Diagnostics today. The stock formed a 10Day Support Bounce (as picked up on Tradomate Insights) with a 77% win rate and a backtested target of around 7.5% over the next couple of weeks.
The stock bounced right off a key trendline support zone that’s been holding since mid-2024. The candle today saw a solid recovery with nearly +4.7% move and a big volume spike. Entry was at ₹787.7 after spotting the bounce confirmation, and the move looks good so far with the first target near ₹848 already in sight. Next resistance/liquidty zones (TP2 and TP3) are lined up around ₹894 and ₹970 if momentum continues.