KCP LTD
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KCP :: LONG Buildup with Volume & Momentum

87
-- Buy at current levels (136 -143) with Initial S/L 132

-- Add more near 152- 155 if price sustains and/or retraces to these levels.

-- Trail your SL using Super trend indicator or given FIB levels

-- Use FIB levels as targets depending on your holding time.


Conviction reasons::
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-- Price broke two resistance trendlines with good volume and is nearing triangle APEX.

-- high delivery volumes seen last two weeks.

-- Momentum jump seen in RSI

/**
Caution : Smallcap Cement stock... Prefer allocating <5% of your capital.
Trade only if you know about what is Risk Management.
And consult your financial advisor to know more about the risks associated with buying / selling shares.
**/
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