KCP - Breakout
A stock which has interests in both Sugar and Cement has finally broken out of its downtrend. I have spoken about it plenty of times in the past too but now things could really turn for the company.
Trading plan here it buy 50% at CMP and 50% either 5-7% higher or on a retest of the trendline. SL 7% lower.
Not setting a target here coz the stock has been underperforming for a long time so could move up significantly.
Trading plan here it buy 50% at CMP and 50% either 5-7% higher or on a retest of the trendline. SL 7% lower.
Not setting a target here coz the stock has been underperforming for a long time so could move up significantly.
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