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NNiveshak
Oct 5, 2021 7:28 AM

JKPAPER Breakout Long

JK PAPER LTDNSE

Description

JKPaper is looking to Breakout after recent consolidation period. It is seen making a strong bullish candle right on the lower median line of the pitchfork
1. price is above long term moving average of 200SMA ✔
2. Price is above short term moving average of 50 SMA✔
3. Uptick in RSI ✔
4. bullish MACD signal✔
5. above average volume✔

T1:285 T2:330 SL 215



**I will be posting ideas for my own journal-ing and learning sake and to hopefully spark up educational discussions. Please do not construe them as recommendations as I am just an amateur here to learn :)

Trade closed: stop reached

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