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NSE: KCP LTD - Strength in Fundamentals - Strong Volumes

Long
NSE:KCP   KCP LTD
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 remaining (if at all this analysis holds true.)

The reward to risk ratio for the first target is 1.625 to 1.
The reward to risk ratio for the second target is 3.25 to 1.

The view provided over here is as per my understanding of volume, demand and supply zones, etc. You are advised to trade as per your analysis and risk analysis.

TRADE STATUS : ACTIVE

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