KDDL Share Price Technical Analysis to Buy or Sell

KDDL Ltd has broken up through the ceiling of the rising trend channel in the medium long term, which signals an even stronger rising rate. The positive development, however, may give rise to short term corrections down from today's level. The price has also broken a resistance level in the short term and given a positive signal for the short-term trading range. 

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There is no resistance in the price chart and further rise is indicated. In case of a negative reaction, the stock has support at approximately 1100 rupee. Positive volume balance strengthens the stock in the short term. The stock is overall assessed as technically positive for the medium long term.