Recently breaks all its near time resistance make or break will be decided by 10th June indicator and rating RSI (86) Buy rating- 1 Neutral Rating- 2.5 sell rating -4 MA/EMA cross over (still bullish ) MACD (5.20) Buy rating 3 Neutral Rating 1 sell rating 3
This is no coincidence that somewhat a head and shoulder patterns neckline + falling trendline + a very crucial volume-based traded area all broken and closed with a bullish candle on the day .... JK paper seems to be rocking in a few days. Risk = 4% . The reward depends on how much patient u can be :)
Buy abv 155 sl 146 target 178-188 Volume has dropped in falling market. Range contracted near 20 DeMA which means selling pressure has eroded. Price first tried to move down below 20 Dema but couldn't manage and in that event made a lower wick on daily and 15 min chart. RSI is showing positive hidden divergence. All the activity is happening within the large...
The stock is forming 3rd Wave Major wave, Volume and CMF is Positive and Momentum is stronger. Target : 162-165, after that you may see some correction. Duration of Trade is 7-10 Days.
This is the divergence of OBV Now we have to wait. If it sustains breakout, then we can enter it Keep an eye on it. Note: This is my view, you must do your analysis before taking any action.
Above 133 closing is important for going long in this keep stop loss to 120
Buy above 130, Intraday also for a target of 132
Educational Purpose Only Keep an eye on the given levels, may have the potential to break the previous resistance to achieve the given targets. Do not long right away, let it break the level to give some confidence.
JK Paper has tested these levels multiple times before. But never closed above the trendline. Can it this time? Keep on radar. Please like and follow. NSE:JKPAPER
It has tested these levels numerous times before but always failed to break the resistance. NSE:JKPAPER Please like and follow.
JKPAPPER 1 DAY WOLFE CHART AFTER EARNING TODAY JKPAPER MAKE SUPPORT LET SEE HOW STRONG ITS VERY STRONG SIGN OF BUY IF HOLD SUPPORT FOR BUY SETUP LEVEL IN CHART Please let me know if you have any questions. THANK YOU !! HAPPY TRADING !!
Buy JKPAPER at CMP (76.50) T1: 84 T2: 88 T3: 92 SL: 74
Wonderful chart patterns showing good price action hoping for 10-13% upside. RISK:REWARD is high good for Positional trade.
put it to your watch list. thank you earnology