KANPUR PLASTIKKANPRPLA 136.80
this stock is consolidation since nov-2021.
if it wil break the horizontel line so can be planing to up side.
KANPRPLA trade ideas
Amazing swing trading idea for 5 Feb Markets I daily make educational content videos for swing / positional trading
Good breakout01Feb2024
Breakout on WKTF with very strong volumes
Cci above 100 and RS positive
First target 180 and then 204 and then prayers
Chart pattern looks good
KANPRPLA - BUY ACTIVEKANPRPLA - BUY ACTIVE
Consolidation range is Broken with strong volume.
It may come to support line and then BOOM
Kanpur Plastipack getting ready for a impulse moveKanpur plastipack after a long downtrend has now been trading in a range for quite a few months now, looks ripe for a swing trade for 15 - 20% move.
Stoploss - 115
*DISCLAIMER*
This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor. Please consult your financial advisor before taking any position and please use a Stop Loss for any Investments/Trading Positions. It is your hard earned money so give risk management your highest attention. Do take this disclaimer seriously.
kanpur plastic pack can expect 263++can see +ve divergence on rsi and other indicators are showing bullishness ,
company fundamentally good check for valuation score on trendlyne.com
if breaks down can buy on dips based on current trend probability for breaking up is high
disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk
Kanpur Plastipack Ltd : A good rally expected.Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer:
This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
The above references as an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
KANPUR PLASTIC ready for launch🚀🚀💥buy @ 140-45 range💥
sl below 135
trgt 160-180-200++🎯🎯
🔹expecting a movement in plastic sector
🔹good q3 published
🔹forming ascending triangle
🔹with small stop loss we can book high reward in this trade
🔹after hitting it's high it come down,means profit booking happened so we can see a good ride again.
🍂about the company🍂
Kanpur Plastipack is engaged in manufacturing of HDPE/PP Woven Sacks, PP Box Bags, Flexible Intermediate Bulk Containers (FIBCs), Fabrics and High Tenacity PP Multi Filament Yarn.(Source : 201903 Annual Report Page No: 75)
like🔹comment🔹support
Cup and Handle breakout imminentKanpur Plastipack is on verge of Cup & Handle breakout above 141. Buy with SL 100 for a target of 190
