Medium Term Trade: J Kumar Infra has undergone a mean reversion phase, ready to trend again.
Buy: J Kumar Infra
Last Close: 199
Target 1: 228
Target 2: 240
Stop Loss: 184
Holding Period: 2 Months
J Kumar is forming a volatility contraction pattern
If 205 is taken out with volume expansion we can see it as buying opportunity
All the key points mentioned on the chart itself
Don't take the full position at once
Maybe buy 25% on the initial signal
Add another 50% on confirmation of the signal
Add another 25% on the follow-through of price action
Build your...
