We have touched channel support today and it looks good for SWING LONG trade with Stoploss 221 Closing basis and Target 284 325
Pharma Sector is looking HOT so will definitely be good Buy at current price
Huge Volume Buildup.
Trading 52 Week high.
Good for Short term.
Target 330,370.
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
Stock has given a breakout of bull flag pattern with good volumes.
Next immediate resistance is around 210-225
Keep a track on this stock and trade as per your analysis
Kopran is making series of higher highs and higher lows for past couple of months.So lets try to ride its another move, picking from the lows.
Its correcting in a channel pattern and forming Inverted head and shoulder pattern at the same time in lower time frame.
There is two key zones from where price could possibly turn bullish which is highlighted with pink box...
💥Kopran Ltd💥-Nice Breakout
Capital to be deployed- 20k
Investing Price-267-271
Breakout Price-267
Stoploss-208
Targets-394-472-1205
RT for max reach
#kopran #stockstowatch #StocksToBuy #StocksInFocus #stocks #StockMarket
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Kopran has given strong breakout on Friday, 2nd June with good volumes. The stock seems to have begun wave 3 on daily chart which could potentially achieve 230+ in about 6-12 weeks from here on. 160-170 remains good demand zone. Setup fails below 140.
HELLO FRIENDS,
Here I am sharing my view on KOPRAN LTD (NSE) which is showing bullish bias on the chart.
The stock was in downtrend since December 2021 following the downtrend as Lower Highs and Lower Lows pattern but now the stock has broken this pattern and started doing Higher Highs and Higher Lows which depicts the change or trend to uptrend from...
KOPRAN (Log Scale) - The stock has started moving up after correcting almost 80% of the previous wave. This is a long term scenario where the stock will make new highs in the next few months and years.
Kopran smallcap Pharma company...I have personally added stock in parts...Seems like downtrend is ready to get over...
Above 160 close...can signal start of uptrend....
Q2 Results will be KEY indicator...
Kopran is coming out of downward sloping channel. Looks fantastic now for Medium term...will move superb above 182...
RSI Bullish Divergence
MACD Bullish Divergence
CAPEX has come online will start delivering blockbuster results from Q3
Kopran is currently trading at support level and may provide good risk /reward ratio. View is invalid if the close is below 170
Disc : Not a buy/sell recommendation. Not holding.
*Kopran Ltd.*
Pole & Flag Formation: Weekly Basis
Price BreakOut to be Watched
Volume Consolidation.
*With Increase in Price, Trail Stop Loss*
*Book Profit as per Your Risk Appetite*
*Fundamentally Sound Company*
Engaged in manufacturing of APIs & Formulations with Significant Exports (~65%)
Improving Sales / Profitability on Qtrly / Yearly Basis.
Low Leverage...
