Kopran is ready to breakout from 1 month of consolidation. Price Volatility is contracting from Left to Right creating a Volatility Contration Pattern. Buy Range: 204-234 SL: 8% max Target: 15% Note: Not a SEBI Registered analyst. Take the trades at your own discretion.
Stock has history of moving in Flag and Pole Pattern. Pole and Flag has been created on weekly Chart, base of pole 101.3 and high of pole is 234, difference 133. Flag breakout area is around 195. ENTRY ABOVE: 195 So Target should be 195+133 i.e 328 Stop Loss: 168.8 (Weekly Close). Will Update Trailing Stop loss whenever required. Duration: 1-2 Years People who...
Stock has history of moving in Flag and Pole Pattern. Looks like Pole has been created on weekly Chart, Pole can become bigger if 168.8 cross this week else Stock can go sideways. 140 can become good accumulation zone with Stop loss of 120.2 Targets: 2.618 Fibo ie 204 and 3.618 Fibo 243 Duration : 1-2 Years Fundamentally 230 looks Fair Valuation in fact if...
MAINTAIN PROPER SL AS PER YOUR RISK.
The chart is self-explanatory. The technical setup is perfect for Kopran some good business will send the stock prices to Jupiter. It has Broken out of the resistance line from 2007, with a good volume. 1 to 1 equality with consolidation range gives us a target of 950+ in the long term
Stock of the Week: #Kopran Entry Price: 175 SL: 108 Position Sizing: 10% Reason: Closed above 21 years high with a 234% increase in monthly volume. NSE:KOPRAN
Please read the trade carefully. The chart shows my trade only !! Markets are volatile so trade accordingly..
Simple chart of a flag breakout and is above all important moving averages.
NSE:KOPRAN KOPRAN has given a breakout from Corrective Channel. It will retest the upper trendline of its channel and then shoot up higher!