Entry only after the breakout or day closing above 2820 for the target level of 3150 with SL of 2750. The cement sector is in bullish mode. if stock is able to sustain the BO we can expect a good move. RSI above 60 again is a good sign for the stock. the volume also picking up. 5-star trade setup. This is for your educational purpose only.
📈 J K Cement 📉 My Findings :- 1. Breakout from a Swing High. 2. Close Above March 2022 High. Bias - Long Target - 3183 and 3787 SL - 2192 RR- 1:2 All Important Supports and Resistances are drawn in chart. All levels are on closing basis. Please have a look and revert back if you need some more study on it. Disclaimer : Consult Your Financial Advisor Before...
1. Consolidation breakout positve buying pressure stock right time 2. flug pattern breakout and expecting flug range target excute
Breakout with nice volume. Go long on with SL of 2330 for the target of 2565/2600
Preparing second round pole flag formation and getting ready for consolidating for BO Targets are given and long term final Target 2500
JK cement has given upside breakout from a descending channel and retested making it bullish. #positional Buy it above 1920 Tgt: 1944, 1974 Sl: 1898 Time frame: 3-4 days
JK cement Pole and Flag pattern formed. looking bullish for short term and long term
NSE:JKCEMENT 1.Schiff pitchfork play 2.Ichimoku kumo support 3.rsi bullish reverse divergence 4.Price action in pivot 5.Target is at resistance an fib 1.27 level also marked by ML region Disclimer... Invested... Not an investment/trading recommendation