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JKPAPER

JK Paper breakout1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price) 4. Sell on RSI close below 30 (or use any other method of your liking) 5. Some other ways to sell stocks can be a. 25% or 50% up in three weeks or less b. Weekly tailing tops with high volume c. Exhaustion gaps d. Heavy daily volume without further upside e. Largest one day price drop After a consolidation since 18th April 2022, NSE:JKPAPER has given a breakout today. Buy with a stop just below ₹364. Strengths: - 1. TTM Sales growth is at 61% and TTM Profit growth is at 107% 2. 5 year and 3 year average ROE more than 15% 3. Interest Coverage at 8.90 (greater than 3 is good) and Current Ratio at 1.56 (greater than 1.5 is good). 4. Dividend yield at 1% (consistent dividend payer since 2016) 5. DIIs increased stake from 0.24 in September 2020 to 5.86 in June 2022 6. ADX > 30 on daily chart 7. Credit rating agency has reaffirmed the ratings of the company on March 2022 (please go through the credit rating report for better understanding) Weaknesses: - 1. The company has delivered a poor sales growth of 8.59% over the past five years 4. Debt to equity at 1.05 (less than 1 is good), FCF to CFO at only 3.58% 5. Borrowings increased to 3137Cr in March 2022 from 2736Cr in March 2021 (borrowings continuously increasing since March 2018) 6. FIIs decreased stake from 4.73 in June 2021 to 3.43 in June 2022 Disclaimer: I am not SEBI Registered. Do trade or invest at your own risk, I am not responsible for any losses and won't claim anything from your profits either. Take financial advices from your advisors before jumping in.
NSE:JKPAPERLong
by akashbothra
JKPAPER --> DESCENDING TRIANGLE BREAKOUTNSE:JKPAPER TECHNICAL ANALYSIS --> JKPAPER has given a breakout from its previous ATH which is 285. and also has given a breakout above its Trendline joining all previous ATH. --> JKPAPER has broken out of the DESCENDING TRIANGLE after consolidating above its previous ATH. ENTRY --> Take a postion when stock gives 1 HR closing above 325. STOPLOSS --> SL can be placed below the breakout candle at 302. TARGET --> Target= Depth of the cup which is around 375.
NSE:JKPAPERLong
by Roswin-Fernandes
Expecting a Bullish Move in JK PAPERAs per the 2 Hour Chart of JK PAPER, we have witnessed a Formation of a “Morning Star” Pattern on the downside levels. Therefore, we are expecting to witness a bullish momentum in the stock in the upcoming trading sessions. Wherein it is being expected to face a resistance initially at around the levels of 228.20, 232.25, and 235.55. Whereas, on the other hand, on the downside levels, the stock may face a support at the level of 218.05, on closing basis. Closing Price (as on 08.03.22) : 223.10 Disclaimer: No financial information whatsoever published here, should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter published here is purely for Educational and Information purposes only and under no circumstances should be used for making investment decisions. Viewers must consult their personal financial advisor before making any actual investment decisions, based on information published here. Any Investor or Trader taking decisions based on any information published here, does so entirely at its own risk. Investors and Traders should bear in mind that any investment in Stock Market is subject to unpredictable market-related risks.
NSE:JKPAPERLong
by alokdaiya