Mukkull

JK Lakshmi Cement (1W)

NSE:JKLAKSHMI   JK LAKSHMI CEMENT
Another script from the JK group following the same pattern of multi-year breakout! A 5yr resistance breakout - retest and an impulsive move.
But, have a look at the RSI , this is still strong applying break to the upside momentum of the stock. Hence, watch for a dip till weekly DZ (green box) for entering in this script.

Pivot Reversal Levels:
- Buy above 727.70
- Sell below 656.20

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.