Rachit_Sethia

#JKPAPER CMP 162.65 #Target 181 #swingtrading #trading #stocks

Long
NSE:JKPAPER   JK PAPER LTD

#JKPAPER
NSE: JKPAPER
CMP 162.65
Target : 181.4
SL 150
RR Ratio > 1.5
Time Frame < 45D


Factors:
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.

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With 💚 from Rachit Sethia
Trade closed: target reached: Reached
Trade active

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