rsi oversold near 200 dma result good. sugar power companies will gain in budget.
Reason for long a) Wave 3 possibility b) weekly and monthly breakout c) Duration 3 years for 90% upside potential d) QQE breakout e) SL compulsory Penny stock and high risk involved Hence SL and position sizing compulsory Not more than 1% of total capital
Symbol KCPSUGIND Company KCP SUGAR & INDUST Type Long term and Swing trade Price 40.55 Date of entry 2-2-2024 Risk Market slowdown
Co will soon be Debt Free, Co has investments in various stocks (ex Canara Bank) Trading in a tight range and ready for a Breakout
NSE:KCPSUGIND kcpsugind is ready to weekly brekaout with storng full back. i will buy today with low risk.
📌Volatility Contraction Pattern (VCP) ✅Keep on Radar KCPSUGIND + Sugar Industry on the move + BO attempt validated with volume + Trading above Key EMAs + Strong Relative strength + Explained on the chart
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.
This kcp sugar 1 week timeframe once above 35 level we can expect upmove.
KCP SUGAR is like a star on the rise in the stock market. It's breaking through barriers, and this is getting a lot of attention from smart investors and traders. This could be a sign that the company is getting stronger and might be a good chance to make some money by investing in it. Just like when a team starts doing really well in a game, KCP SUGAR's success...
I daily make educational content videos for swing / positional trading
Entry 30 Target 90 SL 15 R:R 1:4 Do your own research before investing your hard earned 💰💰💰.
NSE:USHAMART NSE:KCPSUGIND hello guys. I found 2 trades in equity buy usha martin @ 172 target 200/210-15 avg 160 another one is kcp sugar buy above 33 target 44 avg 30
Cup & handle pattern forming in daily chart of kcp sugar & Ind.
Reason for long a) Gartley bullish long pattern b)support in daily time frame c)weekly 25ema support
Sectoral Tailwind in Sugar Industry - Momentum Play !! ~G
For short term you can see round off pattern for long term it has volume break out with good volume and in coming session will see ggood returns Stop loss Rs 16
Detailed analysis given on the chart NSE:KCPSUGIND