J K Paper : Short term (1-3 Months)#jkpaper #swingtrading #swingtrade #breakout #momentumstock #trendingsetup
J K Paper : short term (1-3 months)
>> Momentum Stock
>> Trending setup
>> Low PE stock : 8
>> Good strength and volume spurt
>> Low Risk High Reward Trade
Swing Traders can lock 10% profit & keep trailing
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
Jkpaperstock
J K Paper cmp 490.10 by Weekly Chart view*J K Paper cmp 490.10 by Weekly Chart view*
- Volumes surge over last week well above the previous weeks
- Back to Back Triple Bullish Rounding Bottoms with neckline tad above Support Price Band
- Price has sustained above both Trendlines of the Falling Resistance and the Rising Support
- Also Price has tested retested the Support Price Zone and taken breakout by Volumes surge
- Weekly Support at 432 > 365 > 284 with Resistance at 561 > ATH 638.75 and each New ATH