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.
Financials:
TTM EPS: 13.10
TTM...
Market Cap: 12,906 Cr
Stock P/E: 8.63
ROCE: 4.92%
ROE: 13.1%
Company has delivered good profit growth of 42.2% CAGR over last 5 years.
Strong Breakout on Daily time frame with Ascending Triangle Pattern.
Entry: 127.5
Target: 142
Sl: 114 DCB
Dip Level Buying was 52 with DCB SL 44 and achieved all targets.
Disclaimer: Strictly for Educational and Learning purpose.
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.
TO...
Chart -> Jammu and Kashmir Bank Weekly
Inverse head and shoulder breakout of 4 times resistance line, with huge volumes!
CMP: 68.50
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...
IN JAMMU & KASHMIR BANK,
i see a formation of double bottom pattern and a breakout with really good volumes i personally bought the stock @ 25
hoping for a target upto 44
