An inverted Head and Shoulder pattern is emerged on the Daily Chart of KCP with good volume. One can create a fresh position in the scrip at 115 with SL of Rs. 105 on closing basis for 1st traget of 125 and 2nd target of 235.
The risk to reward ratio is 1:2
Exit the position if the stop loss is triggered on DCB.
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Please read 2nd target as 135
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After Breakout tested the trend line and going upwards steadly
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Marching towards First Target
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1st Target Achieved.............. Enjoy The Money rain.....Guys.........
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