We are looking into long term trend of J K paper in weekly timeframe with the help of Elliot Wave and Fib. Here are our observations: We are actually in the corrective A,B,C phase of wave formation. The recent move of around 365 to 400+ is the wave-B of corrective wave-A,B,C. The major corrective wave-C may be extended upto the 61.8% (Golden Ratio) of...
My view on #JKPAPER if close above trend line, go for Short term, it can touch 284.90/349.00 Levels Stop loss 217.55
Jk paper is trading within the triangular pattern once it broken we can up with short time target of 387 .Volume is growing . PS.I am not sebi registered Analyst please consult ur advisor before investing
1. 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...
Jk paper has taken support and moving towards first tgt. SL is the lower support zone.
JK PAPER LTD Price: 337.15 EMA 9: 336.17 EMA 20: 336.07 EMA 50: 325 EMA 100: 299.53 VOL: 993K Risky traders buy above 343 Safe traders buy above 348 Target 367-387 Stop Loss below 315 for Risk traders Stop Loss below 328 for Safe traders
Price is looking in strong momentum and gave closing at breakout level. Crossing 348.5 level can be a good possibility of upside move. Analysis mentioned on chart.
Good Flag Breakout !!! Rish Reward too high !!! 284 is a big big support which should not get violated !!! chance of upside is more !!
Jk paper has given breakout on daily time frame , given closing above flag pattern . Abpve 280 can give some good move further NSE:JKPAPER
Jkpaper given inverse head and shoulder breakout in weekly chart.. stocks look bullish and looks good for accumulation for long term perspective for targets of 400++ views are educational
NSE: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. ...
Prices marked on charts look at the price action on the following levels
NSE:JKPAPER #NSE:JKPAPER trading bullish and reached support level. high chances to bounce from support, Levels marked for practice. Happy LEarning.
JK PAPER LTD With recent movement in paper sector, JK paper give breakout But rejection from trendline resistance at levels of 305-310 Good to buy if stock corrected to levels upto 285 levels for positional targets of 325 to 375 levels Keep SL of 270 DCB ---- Note: Above levels are for education purposes only Do your own analysis before taking any trade
CMP: 307 - Crossed above 3 years high - Highest weekly volume in 6 years
JKPAPER 1.weekly close very good 2. wait retest or impulse and all time break next mention target soon
As 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,...
JK paper was in a correction phase till it got some demand from prev. turned supply zone. Now it is in HH/HL pattern and might continue till ATH. Though volumes are bit concerning, thus if volumes pick-Up in upcoming days then one can plan their long side trades around these patterns. Happy Trading :) Disc: Chart posted only for learning purpose.