Divergent_trader

J_KBANK | TREND CONTINUATION TRADE

Long
Divergent_trader Updated   
NSE:J_KBANK   JAMMU & KASHMIR BA
Disclaimer: This is NOT a trading recommendation. Please do your own analysis before entering positions

Reasons to buy:
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1. Stock keeps testing Resistance levels by making Higher Lows. Such tests increase probability of a breakout
2. A Cup & Handle like formation seen
3. Volume Surge near the Resistance level

Entry: CMP
SL: 54.35
Target : 76.65
RR: 2.5
Trade closed: target reached

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