Stock has given BO on daily and weekly chart with massive volume & formed cup and handle pattern, follow chart for proper support and resistance levels.
We can see clearly a bearish bat in KCP sugar industries, if 44 is taken out we can see targets of 84. A huge consolidation also can see on monthly basis also.
Stock Name - KCP Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 130. #This is not Buy and Sell recommendation to any one. This is for education purpose...
Cup and Handle Pattern ------------------------------------------- Entry =138 Stop loss =112 Target 1st =169 Target 2nd =273 ------------------------------------------- Stock trading above 200 EMA ------------------------------------------- For Educational Purpose Only.