Jammu and Kashmir Bank (J&K Bank) is a Scheduled Commercial Bank and one of the oldest private sector Bank in India, incorporated in 1938. The Jammu & Kashmir Bank Limited offers a range of products and services such as loans, insurance, tax products/planning, savings and deposits, cards, mutual funds and non-resident banking.
TTM EPS: 13.10
The stock has strongly broken the Weekly Range.
For long-term one can enter the upcoming week once the stock retests the breakout area for a long term swing trade.
Please refer the Chart for SL and TARGETS.
Note: This information is for education purpose only and please do your own research and consult your financial advisor prior to taking any action.
Chart -> Jammu and Kashmir Bank Weekly
Inverse head and shoulder breakout of 4 times resistance line, with huge volumes!
Good Range To Buy: 58 to 70
Targets: 83, 95, and more
SL: 53 Weekly Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor...