JKIL aka J Kumar Infra projects is showing a 8 year old breakout with nice volume.
it share holding patter is very good, FII DII are continuously accumulating share from Public since last 10 quarters.
Its Revenue come from Metro (Elevated) - 35%, Metro (Underground ) - 19%, Flyover & Road - 41%, Civil & Others - 5% Order Book.
The company had a total order...
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