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* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of KCPSUGIND.NS
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K.C.P. Sugar and Industries Corp Ltd stock price ended at ₹45.23 on Friday, after gaining 1.21%.
(Updated on Jun 14, 2024)

Buy or Hold candidate since Jun 11, 2024 Gain 12.37% PDF

The K.C.P. Sugar and Industries Corp Ltd stock price gained 1.21% on the last trading day (Friday, 14th Jun 2024), rising from ₹44.69 to ₹45.23. During the last trading day the stock fluctuated 5.82% from a day low at ₹44.51 to a day high of ₹47.10. The price has risen in 7 of the last 10 days and is up by 27.59% over the past 2 weeks. Volume fell on the last day by -4 million shares and in total, 4 million shares were bought and sold for approximately ₹163.50 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock has broken the very wide and weak rising the short-term trend up and an even stronger rate of rising is indicated. For any reaction back there will now be support on the roof on the current trend broken at ₹42.08, a level that may pose a second chance to hit a runner. According to fan-theory ₹50.79 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.

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KCPSUGIND.NS Signals & Forecast

The K.C.P. Sugar and Industries Corp Ltd stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at ₹40.87 and ₹37.34. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, June 04, 2024, and so far it has risen 36.65%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. The stock had a Golden Star Signal on Wednesday, July 19, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Wednesday, July 19, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for K.C.P. Sugar and Industries Corp Ltd stock

K.C.P. Sugar and Industries Corp Ltd finds support from accumulated volume at ₹44.69 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved ₹2.59 between high and low, or 5.82%. For the last week, the stock has had daily average volatility of 7.93%.

Our recommended stop-loss: ₹43.86 (-3.02%) (This stock has high daily movements and this gives high risk. There is a buy signal from a pivot bottom found 36 days ago.)

Trading Expectations (KCPSUGIND.NS) For The Upcoming Trading Day Of Tuesday 18th

For the upcoming trading day on Tuesday, 18th we expect K.C.P. Sugar and Industries Corporation Limited to open at ₹45.61, and during the day (based on 14 day Average True Range), to move between ₹42.82 and ₹47.64, which gives a possible trading interval of +/-₹2.41 (+/-5.32%) up or down from last closing price. If K.C.P. Sugar and Industries Corporation Limited takes out the full calculated possible swing range there will be an estimated 10.64% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ ₹44.69, some ₹0.540 (1.19%) from the current price of ₹45.23, our system finds the risk reward attractive.

Is K.C.P. Sugar and Industries Corporation Limited stock A Buy?

K.C.P. Sugar and Industries Corp Ltd holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.000 Hold/Accumulate Unchanged

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for K.C.P. Sugar and Industries Corporation Limited of Tuesday, June 18, 2024

Fair opening price June 18, 2024 Current price
₹45.61 ( 0.85%) ₹45.23

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for KCPSUGIND.NS

Fibonacci Support & Resistance Levels

Level Price
R3 48.20 6.57%
R2 47.21 4.39%
R1 46.60 3.03%
Price 45.23
S1 44.62 -1.34%
S2 44.01 -2.69%
S3 43.02 -4.88%

Accumulated Volume Support & Resistance Levels

Level Price
R3 0 -
R2 0 -
R1 0 -
Price 45.23
S1 44.69 -1.19%
S2 40.45 -10.57%
S3 39.75 -12.12%

KCPSUGIND Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Sep 13, 2024 Sep 13, 2024 Oct 23, 2024 ₹0.200 0.442%
2 Sep 20, 2023 Sep 20, 2023 Oct 27, 2023 ₹0.200 0.534%
3 Sep 20, 2022 Sep 20, 2022 Sep 20, 2022 ₹0.100 0.429%
4 Sep 17, 2021 Sep 17, 2021 Sep 17, 2021 ₹0.100 0.445%
5 Sep 15, 2020 Sep 15, 2020 Sep 15, 2020 ₹0.100 0.643%

FAQ

What is the symbol for K.C.P. Sugar and Industries Corporation Limited Stock and on which exchange is it traded?
The symbol for K.C.P. Sugar and Industries Corporation Limited is KCPSUGIND.NS and it is traded on the NSE (National Stock Exchange of India).

Should I buy or sell K.C.P. Sugar and Industries Corporation Limited Stock?
K.C.P. Sugar and Industries Corp Ltd holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy K.C.P. Sugar and Industries Corporation Limited Stock?
K.C.P. Sugar and Industries Corporation Limited Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy K.C.P. Sugar and Industries Corporation Limited Stock.

What's the current price of K.C.P. Sugar and Industries Corporation Limited Stock?
As of the end of day on the Jun 14, 2024, the price of an K.C.P. Sugar and Industries Corporation Limited (KCPSUGIND.NS) share was ₹45.23.

What is the 52-week high and low for K.C.P. Sugar and Industries Corporation Limited Stock?
The 52-week high for K.C.P. Sugar and Industries Corporation Limited Stock is ₹54.05 and the 52-week low is ₹24.25.

What is the market capitalization of K.C.P. Sugar and Industries Corporation Limited Stock?
As of the Jun 14, 2024, the market capitalization of K.C.P. Sugar and Industries Corporation Limited is 5.128B.

When is the next earnings date for K.C.P. Sugar and Industries Corporation Limited?
The upcoming earnings date for K.C.P. Sugar and Industries Corporation Limited is Jul 17, 2024.
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About K.C.P. Sugar and Industries Corporation Limited

K.C.P. Sugar and Industries  Limited K.C.P. Sugar and Industries Corporation Limited, together with its subsidiaries, manufactures and sells sugar and related products in India and internationally. It also provides bio fertilizers; chemicals comprising industrial alcohol, carbon dioxide, and calcium lactate, as well as organic manure and mycorrhiza vam products; and rectified spirit, extra neutral alcohol, and ethanol. In addition, the company manufactures liquid–solid separation e... KCPSUGIND.NS Profile

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