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Good conformation
JK PAPER LTD
Long
Good conformation
By GreyandWise
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Jun 17
3
Jun 17
Good volume buildup in daily and weekly timeframe.
Highest ever volume buildup in the last one year.
Earlier price has also taken support on 200EMA, indicates the stock is in uptrend.
Price has given the breakout of head and shoulder pattern that is forming inside the wedge channel with good volumes.
NOTE: I do my analysis, do yours before trade.
head_and_shoulder
highestvolume
Trend Lines
Volume
wedgebreakout
Wedge
GreyandWise
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