Kohinoor- SG Copy - vcp 1) 3 months VCP 2) Long consolidation 3) Lets see how it works
BUY RISKY LONGTERM 1-2 YEAR FOR 200 % ++ UPSIDE KOHINOOR FOODS LTD CMP = 8.40 TGT = 25+ SL = 3.5 MUTIBAGGER PICK **This post is for educational purpose only, please concern with your advisor before investing in market related instruments.**
The stock is forming a triangle pattern and is gearing up for a break out, however it tends to find resistance at 82.50 odd levels. A close above which can set things into motion!
The stock is forming a good setup as taught by ALAN H. ANDREWS : Multi pivot line passing thru gap. One can buy the stock at current level or when it trades above 95.50. Stop Loss 87 target 115 which in this kind of setup mostly reaches fast.