JK Lakshmi Cement's price has bounced back from the weekly DZ

May 30

JK Lakshmi Cement's price has bounced back from the weekly demand zone (DZ), making it look like a good buying opportunity at the current market price. The last time the price touched this zone, it reached a new higher high

Key Concepts:

• Demand Zone (DZ): A price range where buying interest is strong enough to prevent the price from falling further. This is often seen as a support area.
  
• Bounce Back: When the price moves up after hitting a support level.
  
• Higher High: A new peak in the price, higher than the previous peak, indicating an uptrend.