Chart Patterns Say Something Big is Brewing!📈 JK LAKSHMI CEMENT – Chart Patterns Say Something Big is Brewing!
🕒 Date: May 14, 2025 | 📊 Chart: Daily (1D) | Triangle Pattern Breakout!
📊 Price Action
JK Lakshmi Cement closed at ₹861.95, delivering an impressive gain of ₹49.20 (+6.05%) from the previous close of ₹812.75. This bullish price action was supported by a notable spike in volume, with 375.89K shares traded, which is significantly higher than its recent average—indicating strong institutional or informed buying interest.
📊 Chart Pattern
The current chart setup reflects strong bullish momentum supported by multiple technical confirmations. The RSI has broken out of its previous range, signaling increased buying strength. A recent MACD crossover further reinforces the upward trend, indicating potential continuation. Bollinger Bands are expanding, which typically suggests rising volatility, and a BB Squeeze-off breakout appears imminent—often a precursor to significant price movement. Additionally, there’s a 20-day volume breakout, highlighting strong market participation. With the price nearing a key resistance level, a breakout above this zone could trigger a fresh rally if sustained by broader market strength.
📊 Support and Resistance Analysis
At the current market price (CMP) of 861.95, traders should closely monitor the nearby key levels to plan entries and exits. On the upside, the first resistance lies at 🟥 885.97, followed by 🟥 909.98 and a stronger barrier at 🟥 950.47. These levels could act as hurdles if bullish momentum continues. On the downside, the first line of defense is at 🟩 821.47, with further support at 🟩 780.98 and 🟩 756.97. If the price weakens significantly, a cautionary zone emerges near ⚠️ ~640, which may offer only weak support. These levels are crucial for risk management and trade planning, especially for intraday or swing traders.
📘Educational Insights
How Traders Can Trade This Setup:
Traders can observe this setup where the suggested entry range lies between 855–870, either on minor pullbacks or a confirmed breakout. The potential target zones are 885, 909, and 950, with a stop loss placed below 821 to protect capital and limit downside risk. Technically, the setup is backed by a triangle pattern breakout on strong volume, indicating a higher probability move—but it's crucial to manage risk and position size carefully.
⚠️ Risk Management Tip: Always trade with a clearly defined stop loss. Avoid entering positions impulsively. It is advisable to start with a smaller quantity and increase your exposure only if the price action confirms the continuation of the trend. Capital protection should always be the priority.
📢 Disclaimer
This content is created purely for educational and informational purposes. It is not intended as investment advice, stock recommendations, or trading tips. Trading and investing in the stock market involves risk. Please consult with a SEBI-registered financial advisor before making any investment decisions. The author/creator is not registered with SEBI and shall not be held responsible for any losses incurred based on this information. Always do your own research and use proper risk management.
👉 If you found this analysis helpful, don’t forget to Follow 🔔 so you never miss out on a trade-worthy setup, breakout opportunity, or valuable educational insight again. Stay updated and trade smarter! 💡📈
Jklakshmicement
SWING IDEA - JKLAKSHMI CEMENTJK Lakshmi Cement , a key player in the cement industry, is currently exhibiting compelling signals that shouldn't be overlooked. In conclusion, stock's technical landscape is painting a promising picture for prospective investors.
Reasons are listed below :
The stock has undergone multiple tests at the critical 890 levels, showcasing resilience and now displaying a promising attempt to break through.
Over the past 7 weeks, stock has demonstrated robust consolidation at its all-time high, indicating a solid foundation for potential upward movement.
A clear bullish trend is evident as the stock continues to establish higher highs, signifying positive momentum and growing investor confidence.
The stock is currently trading above both the 50-day and 200-day EMAs, affirming the continuity of the prevailing uptrend.
Target - 1069 // 1158
Stoploss - weekly close below 819
JKLAKSHMI - Ichimoku Bullish Breakout Stock Name - Britannia Industries 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 720
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, share & subscribe for daily analysis.
JKLAXMI Cement: Excellent Results JKLAKSHMI JK Lakshmi Cement Ltd - Excellence results over the quarter
Let's see how chart will it performe. Need to cross 488 level to fly.
Q4FY22 Net Profit Of 184 cr
VS
Q3FY22 Net Profit Of 64 cr
Q4FY22 EPS of 15.61
VS
Q3FY22 EPS of 5.45
Explosive growth
QOQ Net Profit Growth Of 187%
Available at a current pe of 10
JK Lakshmi Cement ready for the uptrend!🤩💸🔥Buy JK Lakshmi Cement for Positional Trading as well as Investment.💸🔥💸
Comment your views‼️😄
.
💡Capacity expansion to take care of growth:
JKLC’s subsidiary, UCWL’s capacity expansion of 2.5MT with a CAPEX of Rs16bn is planned to be commissioned by end of FY24. The funding for the expansion will be through Debt-Equity (70%:30%) and the subsidiary will raise equity through equity infusion from JKLC. The company will spend ~Rs.2bn in FY22 and ~Rs.10bn in FY23. JKLC’s current gross debt stands at Rs.10.78bn & Net debt at Rs.4.14bn (reduced from Rs.21bn in FY17). Debt repayment scheduled for FY22 is ~Rs.330cr.
.
💡Valuation & Outlook:
The demand outlook is positive given GoI’s strong focus on infra & Housing. The expansion of 2.5MT will support future growth.
.
✔️ Technically & Fundamentally Strong💪💪
.
💎@technofunda_trader
Few Important rules from my Trading Philosophy:
1. Don't compromise on the quality of stock.
2. Buy right, Sit tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar issues.
3. Don't invest more than 5-7% in any stock & more than 25% in any particular or related sector. If stock is risky don't invest more than 2-3%.
4. Build position gradually as the stock rises.
5. Trade in the direction of the bigger trend.
6. Ride the trend, don't sell your winners early.
.
Like, Comment & Share 😄😄😄
EWT: Bigger Picture analysis of JK Laxmi CementJK Laxmi cement has accomplished impulsive wave ((3)) and has a complex correction of wave ((4)).
After making a high of 816 , the price started forming a corrective channel for wave ((4)).
It has made a low of 529.10 , and we can see a price surge to 630.
However, the price reached the upper band of the channel, but it is facing dynamic resistance of the parallel channel.
If the price does not break the parallel channel, we will consider it a lower high(LH).
Wave (4) retraced 38.2%, which is the common retracement.
Before starting a bull trend, the price will create public participants, which can be possible after a retracement.
Retracement is nothing but a pullback for bull traders.
If the price rejects from the upper band of the channel, it can come down to 61.8- 78.6% .
After the rejection, if the price reverses from the control line trader can initiate a buy position for 580-635-678-700+
Note Safe traders should buy after the clear breakout of the parallel channel. We are not interested in buying before a new lower high, which gives a signal of demand zone.
Breaking down the control line will create a new lower low which can go up to the upper band or 50%- 61.8%.
If you hit like on this idea, you will get all updates about JK Lakshmi cement through tradingview.com from my side.
I will upload an intraday chart soon.