KCP Ltd. Bullish Inverted H&S Breakout
Updated
Hi,
An inverted Head and Shoulder pattern is emerged on the Daily Chart of
KCP with good volume. One can create a fresh position in the scrip at 115 with SL of Rs. 105 on closing basis for 1st traget of 125 and 2nd target of 235.
The risk to reward ratio is 1:2
Exit the position if the stop loss is triggered on DCB.
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I AM EAGERLY WAITING FOR YOUR COMMENTS ON THE STUDY...
Disclaimer: Content shared is for information and education purposes only and should not be treated as investment or trading advice. Please do your own analysis or take independent professional financial advice before making any investments based on your own personal circumstances. Investment in securities are subject to market risks, please carry out your due diligence before investing. And last but not the least, past performance is not indicative of future returns.
An inverted Head and Shoulder pattern is emerged on the Daily Chart of
KCP with good volume. One can create a fresh position in the scrip at 115 with SL of Rs. 105 on closing basis for 1st traget of 125 and 2nd target of 235.The risk to reward ratio is 1:2
Exit the position if the stop loss is triggered on DCB.
DO YOU WANT ALL MY RESEARCH FOR FREE THEN DON'T FORGET TO FOLLOW ME.
I AM EAGERLY WAITING FOR YOUR COMMENTS ON THE STUDY...
Disclaimer: Content shared is for information and education purposes only and should not be treated as investment or trading advice. Please do your own analysis or take independent professional financial advice before making any investments based on your own personal circumstances. Investment in securities are subject to market risks, please carry out your due diligence before investing. And last but not the least, past performance is not indicative of future returns.
Trade active
Please read 2nd target as 135Trade active
After Breakout tested the trend line and going upwards steadlyTrade active
Marching towards First TargetTrade active
1st Target Achieved.............. Enjoy The Money rain.....Guys.........
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