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.
#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.
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...
NSE:JKPAPER #NSE:JKPAPER trading bullish and reached support level. high chances to bounce from support, Levels marked for practice. Happy LEarning.
JKPAPER 1.weekly close very good 2. wait retest or impulse and all time break next mention target soon
JKPAPER down side price move all important level mentioned in inside chart
JKPAPER down trend price move a all are mentioned chart inside
JKPAPER 1. consolidation zone in parallel chennel movementum 2. take supoport line trend reversal up side move 3. consolidation zone coming go to up break zone after expect mentioned target level