KCP Analysis"KCP Stock Analysis"
🚀 Key Levels to Watch for KCP:
Buy Zone: ₹230.10–₹240.40
Sell Target: ₹301.50 (52-Week High at ₹61.11 gain potential).
📊 Highlights:
Trend Observation: The stock is showing a breakout from the wedge pattern with a bullish momentum on the 10EMA.
Relative Strength (RS): The stock is outperforming the index.
Volume Action: Increasing volume signals strong buyer interest in recent sessions.
💡 Pro Tip:
Keep an eye on the ADR (4.79%) and relative performance metrics to gauge market sentiment.
Use trailing stop-losses to secure profits if the rally continues.
📈 Are you tracking KCP? Let us know your targets in the comments!
KCP trade ideas
KCP LTDTechnicals
Round bottom completed from 2018 to 2021 and a contracted round bottom also been completed from 2021 to 2023.
Price is sustaining for 5th consecutive week above 6yrs high for 5th consecutive week.
Please let know if any mistake or omission to enlighten myself in the process of learning
KCP LTD SWING IDEA - LONGKCP LTD is currently trading at 142.
It is currently trading above its daily and weekly 20 & 50 EMA's.
weekly and daily chart shows rounding pattern with good volume spurts.
If stock trades trade above 120.
A good upside movement is expected.
First target of 200 and second target of 240-250
stoploss 120
do follow and support for regular updates.
Trendline Resistance Breakout (Weekly TF) - KCP LTDPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 4% profit (In my observation, I found that most of the stocks reached 3% to 4% on weekly basis)
Please consider these ideas for educational purposes.
Consider the above lines as upcoming resistances, if drawn any.