abhinavjain97

Rectangle BO JKCement!

Education
NSE:JKCEMENT   JK CEMENTS LTD
After almost 3 months the stock has broken out of the rectangle or channel pattern with great volumes with RSI entering super bullish territory of above 60( Acc . to unconventional RSI ).
With a retest and a bullish candle on the previous resistance which now has become support this stock is ready to fly to new highs.
Moreover, sector is also bullish . Therefore, a high probability of achieving the target.

Entry 3710
SL 3482
TG 4190

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.