manuvsingh

Kuantum Paper - Result Season Trade

Long
NSE:KUANTUM   KUANTUM PAPERS LTD
NSE:KUANTUM

Moving up in Parallel Channel .
Testing Support, making higher highs and higher bottoms.
International Paper prices rising & a good Q4 result can support the up-move.

Target : 75-81-94
Support : 63
SL : 59

Risk:Reward - 1:4

RSI : Monthly & Weekly above 55
Trading above 50 SMA
Trade active: Target : 75 Achieved
Rec Price : 67

12% Profit in 1 Month

Keep Holding for next levels
Trade active: Target 81 achieved
Day's high 86
28% Return in 2 months

Keep holding for 94

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