Stock Name - J.kumar Infraprojects Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 330
#This is not Buy and Sell recommendation to any one. This is for...
This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. ...
Swing trade, Breakout stock, Banknifty Intraday Outlook also posted here.
Disclaimer - Trades are only for Learning.
StopLoss is only in our hand. So, Always use it. StopLoss hit exit. Again you will got fresh trade.
The stock of JKIL formed bullish Flag in Daily charts and trading on the verge of breakout, The spike in volume suggests further upside momentum can continue, We would advise to enter above 208 with the SL below 200 for the Target of 224 in near Term. The stocks can reach up to the level of 245-270 price level in mid term.