NeeteshJain
Long

JK PAPER - BREAKING ALL TIME HIGH (90 NEXT)

BSE:JKPAPER   JK PAPER LTD
It is been observed on the daily chart that the price action forms a descending triangle shape pattern which is counted under a flag pattern due to it size. It is also been observed that the price action is breaking out from 83.50 levels, which is ALL TIME HIGH LEVELS. Therefore, the price action indicates strong positive sentiments, where buyers have full dominance and control over price action. Now, it shall move further up in an uptrend.


Target: 90
Stoploss: 77
Oct 28
Trade closed: target reached: Yesterday, Target achieved Successfully. Cheers

Happy Diwali to everyone :)
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