Chartworld1

JK Cement-Box Pattern

Long
NSE:JKCEMENT   JK CEMENTS LTD
JK Cement moving in box pattern. Volumes have gone up significantly. After consolidating for more than 3 months, this looks good for upmove. Relative Strength is close to 0 line providing great R:R. Also weekly candle close is looking very good.

Targets could be 3300 and 3500 in short term and 4500-5000 in medium term.

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