joeywithbrain

JKCEMENT - Lookout for Box breakout after good consolidation

Long
NSE:JKCEMENT   JK CEMENTS LTD
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1
Good consolidation in the range of 2700-2950
The stock will give a breakout in few days
Once the stock crosses 2980.. the stock will go hit 3200--2300
Comment: sravan-- trendline will act as resistance (atleast one of the 2 given ) plus the mood of nifty is on the downside as well.
Shalu - despite todays nifty mood it is still going up expecting to reach the horizontal resistance of the box or atleast the middle resistance line.

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