JKPAPER looks forming Inverted H&S. Currently in right shoulder. Pros Good Risk:Reward pick. Cons: It broke down parellel Channel which might be a downtrend in Daily chart atleast. So StopLoss to be followed. Be Cautious: Broader market is not participating in recent upside of market. So follow stock specific stoplosses.
📊 DETAILS Sector: Paper & Forest Products Mkt Cap: 6,674 cr Established in 1962, JK Paper is the leading player in Office papers, Coated papers and Packaging boards. It is one of the most respected paper companies today. TTM PE : 5.47 (Low PE) Sector PE : 7.01 Beta : 1.13 📚 INSIGHTS Strong Performer Stock with good financial performance...
JKPaper has been trying to break 410 levels . Stock has formed inverted head and shoulders pattern as a flag. Above 425 DCB, breakout will be confirmed. Levels mentioned on chart If you like my analysis, please like it and follow me for more such trading ideas.
#jkpaper #patterntrading #inverseheadandshoulder #Swingtrade #swingtrading JK Paper : Swing Trade >> Breakout Candidate >> Inverse Head & Shoulder Pattern >> Good Volume Building up >> Good Strength in stock Swing Traders can lock profit at 10% & keep tailing.
NSE: JKPAPER is closing with a bullish swing reversal candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain on...
A bullish flag & pole Chart Pattern Breakout on the Weekly Time frame of NSE:JKPAPER Price Action supported by very good volume. The stock is currently in uptrend making higher highs and higher lows. One can add this stock into their stocks to buy list and initiate the long trade as per the levels mentioned on the chart Stop loss will be on a Weekly...
Stock given BO and then retested it's support. Again stock is giving BO on daily and weekly chart TF with good volume build up. Follow chart for proper support and resistance levels.
JKPAPER Technical analysis pattern known as the "Head and Shoulders Bottom," also referred to as an "Inverse Head and Shoulders" pattern has been formed on daily chart of JKPAPER. This pattern is often considered a bullish reversal pattern, indicating a potential change in trend from a downtrend to an uptrend. Here's a breakdown of the pattern: ...
BUY - STAR PAPER MILLS CMP - Rs. 174 Target - 1: Rs. 280 Target - 2: Rs. 360 . . Technicals - Cup and Handle Pattern . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
JK PAPER as per day chart analysis Stock ABOVE 399 TARGET 402.
JK PAPER as per day chart analysis Stock ABOVE 402 TARGET 406 Happy Profitable Trading to all...
NSE:JKPAPER This one is giving a breakout from what looks like an inverse head and shoulder pattern, which hints at continuation of the ongoing major bull trend in the stock. Breakout has been accompanied with good bursts of volume activity. Also, it has occured on a day where major indices and the broader market is considerably weak. Pattern targets come at...
JKPAPER looking good and creating inverted Head and Shoulder pattern breakout LTP : 440 TG : 540 SL : todays low
JKPAPER:- From last 4 months stock was trading in small range or can say consolidating but today good volume has been seen keep your eye on stock Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and...
NSE: JKPAPER CMP : 438 TARGET : 500 STOPLOSS : 397 Note : This is not a buy or sell call, this analysis for educational purpose.
JK PAPER posted on 14.11.2022 Stock Above 426 Target 431. On 16.11.2022 ( Today ) Stock made high 432 and closed at 424. Happy Profitable Trading to all...
JK PAPER posted on 09.11.2022 Stock Above 416 Target 421 and on 14.11.2022 The stock made a high 425 closing at 422. Buy Above 426 Target 431 Happy Profitable Trading to all...
JK PAPER as per day chart analysis stock Above 407 Target 412 Happy Profitable Trading to all....