KarenD

needs to be very cautious

NSE:JKPAPER   JK PAPER LTD
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It is moving inside a down channel , however, its short term support is near i.e. 148.15 and also 200 DEMA is 147.33, so 147.33 can be considered as good support, if 147.33 is broken on closing basis, then it will open more downside and next support is 136.6 and then 127. xx .
However, if it holds above 149 level on 15th of this month, then it will face next resistance around 162.
Comment: Correction, the date is 8/1/19
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