short term
buy @73-78 range( entry already shared @ 74 range)
trgt 93-104-1118
postive numbers published
KCP Q3 (YoY)
•Net profit at Rs 31.7 cr Vs loss of Rs 2.3 cr
•Revenue up 27.6% at Rs 440.9 cr Vs Rs 345.6 cr
•EBITDA at Rs 79.7 cr Vs Rs 20.5 cr
•EBITDA margin at 18.1% Vs 5.9%
this stock is cash stock and is very cheap comparing with its peers. the line above rounding top is stoploss of 68₹ on weekly closing basis and this view is of about 3 months to 6 months can fetch 3 digits if all well in market.
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...
KCP LTD is a fundamentally strong stock. The stock has gained more than 60% in the last 4 months with HEAVY VOLUMES. The sentiment is Bullish on this stock.
Stoploss and Target levels are given in the daily chart here. The target levels are coming from Monthly and Weekly timeframe analysis. You can book profits partially on the first target and hold the...
Retraced from long term 61.8 fibo level
BO1 + BO2
Bottom is confirmed on Weekly
C > 98.95 on D with strength will cause the Reversal confirmation
CCI(D)>100
Can start a EW (3) on the M charts
SL 81
Target 115 / 136 / 171
After making all time high of 138 kcp corrected to 93 lvl.After consolidation of 3-4 moths the paatern it made looks like head & shouldier.Any closes above neckline price action should be closely watched.
