KPRMILL for 35% (approx..) GainKPRMILL is showing a rounding bottom breakout and retest with good amount of volume. A good fundamental company with 35 PE but I am again interested in its share holding pattern please check...
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CMP : 820
TG : 1050
SL : Below 21 EMA
Stock's selection based on 5 Point Analysis:
1: Idea : Breakout.
2: Support : Volume, Delivery & VWAP.
3: Technical : 9/21/55/200-EMA, RS>0, MACD, RSI & Super trend up.
4: Fundamental : PE, PAT, Industry & peer PE and sector performance.
5: Timing : Entry Timing on daily chart.
Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk .
Please consult your financial adviser before taking any decision.
KPR
Profiting from Breakouts: KPR Mill SpotlightOn Daily Chart there is a very good breakout , retrace and again breakout on KPR Mill
with a small stop loss of 575
CMP 604
can expect 1st Target 685
2nd Target 766
KPR Mill fundamentally strong company
The company has shown a good profit growth of 36.22% for the Past 3 years.
Company has been maintaining healthy ROE of 25.70% over the past 3 years.
Company has been maintaining healthy ROCE of 28.78% over the past 3 years.
Company has a healthy Interest coverage ratio of 74.15.
The company has a high promoter holding of 74.78%.
The company has a strong degree of Operating leverage, Average Operating leverage stands at 9.68
One of the Best combination of technical and fundamental
" Please do your own analysis before take a trade"
KPR mill - Good Momentum🔴DISCLAIMER
***** It's just for an educational purpose, So you must also follow your own technical analysis before taking up the trades ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
Ideal Target and Stop Loss should be minimum 1:2 RRR (Risk reward ratio)
After reaching our targets, Book 50% Profits and trail your stop loss to get maximum profits from rest of the 50% in your trade.
KPR Mills – Strong Monthly Setup Stock is cautiously making Higher Highs on Monthly Chart with decent Volumes.
Fundamentally Stock is at Fair Valuation of around 8k crs Market Cap, but script can become Over Value also. So keep Trailing Stop losses on current position.
SL – 1096 (Weekly Close)
If Script crosses 1400 then New Trailing Stop loss should be 1180.
Targets – 2.618 Fibo 1566.2 and beyond.
Disc. : Views Shared for Education Purpose only. Consult your Financial Advisor before taking any position.
KPR Mills - momentum is backLong term trend in stock is up.
After facing a pullback, stock seems gaining momentum again.
If it stays above 38.2 % Level 776, one can go long in the stock with stop loss of recent swing low 750. Target is high of June monthly candle 870, intermediate targets can be taken as 796,817,846