JKPAPER trade ideas
JKPAPER JKPAPER - reversal stock and breakout with good volume
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
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.
Stock Analysis: JK Paper Ltd (Weekly Time Frame)Breakout with Retest:
1) All-Time High Breakout: JK Paper has recently broken out of its all-time high with significant volume on the weekly chart, suggesting strong bullish momentum.
2) Retest of Breakout Level: After the breakout, the stock came back to retest the previous high, which is a classic technical move. The retest was successful, and the stock has reversed from this level.
3) Marubozu Candle: A strong Marubozu candle has formed on the weekly time frame, confirming the reversal with good volume. This type of candle typically indicates strong buying pressure with no hesitation from sellers.
This setup suggests that JK Paper might continue its bullish momentum after the successful retest. Keep an eye on the stock's movement for a potential entry point.
JK Paper - IntradayJKpaper - Intraday
Trendline breakout done
Looks good above 503 for quick 1 to 2 percent move
Immediate support at 498
JK Paper - Swing trading ideaDarvax box breakout will be activated once price gives a breakout above 498.
Potential Targets - 533, 595, 638
Stop loss - 469
MACD giving buy signal.
RSI above 60 means stock is having bullish momentum.
Relative volume is 1106%.
Not a recommendation. Only for educational purpose.
JKPAPER#JKPAPER
Bounced from the Supply turned demand zone.
Volume is looking good.
Relative strength turned positive
Expecting a good return in the next few weeks.
Stop loss below the swing low or low of the last candle i.e. 444.75
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
Strong Support Bounce with Bullish Continuation ExpectedJK Paper has successfully bounced off its critical support zone at 430, showing strength with increasing volume. The stock is holding well above the 100 EMA, indicating bullish momentum ahead. RSI is gradually rising, suggesting further upside potential. A breakout above 520 could push the stock toward higher levels, continuing its upward trend.
#JKPAPER Ready to swing trade to 30%#JKPAPER take support and Ready to fly so trade it for 30% with stop loss of 450
J K PAPER stock:- jk paper
trend :- sideways
setup :- retesting support level aftere breakout
timeframe :- weekly
buy :- at current price with split form
stoploss :- green doji weekly candle
NOTE :- PLEASE CONSULT YOUR ADVISOR BEFORE INVESTING
JK PaperCMP 480
Buy at current level
Long term Target 700-800+
This Idea only for educational purpose
JK Paper Stock Breakout than Retest On Support | Bullish StockJK Paper Stock Breakout than Retest On Support | Bullish Stock
JK PAPER SUCCESFUL BREAKOUT FROM INVERSE H&SThe stock has breached a curcial resistance of 447 with good volumes moreover it has been forming this pattern since august 2022 which is now paying off
The stock can give rally till 580 mark and looks great for a swing
JK PAPERI'm not a SEBI registered analyst, Views are personal, not any buy or sell recommendations.
Today I discovered JKPAPER, which has experienced a breakout in the Weekly chart. Additionally, I noticed that it is currently in its 5th wave, which is an impulse wave. Considering the wave structure and the strong performance of consumption-based stocks , I predict a short-term upward movement in the stock. Please refer to the chart for a detailed analysis.
JKPaper-Can it continue the rally?JKPaper has been trying to break 410 levels .
Stock has formed inverted head and shoulders pattern as a flag.
Above 425 DCB, breakout will be confirmed. Levels mentioned on chart
If you like my analysis, please like it and follow me for more such trading ideas.
JK Paper Ltd Stock Analysis: Breakout with Volume Signals BullisJK Paper Ltd (NSE: JKPAPER) has exhibited a significant bullish breakout on its long-term chart, suggesting potential for further upside. Here's a detailed analysis of the stock's technical indicators:
Breakout Confirmation:
The stock has successfully broken above a key resistance level around 450 INR, accompanied by increased trading volume. This breakout signals strong buying interest and could indicate the start of a new uptrend.
Support and Resistance Levels:
Current Resistance: The previous resistance at 450 INR may now act as support.
Next Potential Resistance: 500 INR (psychologically important level)
Strong Support: 303 INR (based on previous price action)
Volume Analysis:
The breakout is supported by a significant increase in trading volume, lending credibility to the price movement. This suggests institutional participation and increased investor interest.
Price Action:
The stock has formed a series of higher lows and higher highs since 2021, indicating a long-term uptrend. The recent breakout reinforces this bullish trend.
Momentum:
The sharp upward move following the breakout suggests strong momentum. However, traders should be cautious of potential short-term overbought conditions.
Future Outlook:
If the breakout holds, the stock may target the 600 INR level in the medium term. However, a pullback to test the breakout level as support is possible and could offer a potential entry point for investors.
Risk Management:
Investors should consider placing stop-losses below the breakout level to manage downside risk.
Trading Strategy and Future Targets for JK Paper Ltd (NSE: JKPAPER)
Based on the recent breakout and technical analysis, here's a comprehensive trading strategy and potential future targets for JK Paper Ltd:
Entry Strategy:
a) Breakout Entry: Enter on a successful breakout above 450 INR with confirming volume.
b) Pullback Entry: Wait for a potential pullback to the 450-460 INR range and enter on signs of support.
Position Sizing:
Allocate no more than 2-3% of trading capital to this position to manage risk effectively.
Stop Loss Placement:
Set initial stop loss at 435 INR (just below the breakout level) to protect against false breakouts.
Target Levels:
Short-term Target: 520 INR (+15% from breakout)
Medium-term Target: 600 INR (+33% from breakout)
Long-term Target: 700 INR (+55% from breakout)
Conclusion:
JK Paper Ltd's technical chart presents a bullish scenario with the recent volume-supported breakout. While the long-term trend appears positive, investors should monitor for pullbacks and use appropriate risk management strategies.
Disclaimer: This analysis is based on technical indicators and chart patterns. Investors should conduct their own research and consider fundamental factors before making investment decisions.
Good conformationGood volume buildup in daily and weekly timeframe.
Highest ever volume buildup in the last one year.
Earlier price has also taken support on 200EMA, indicates the stock is in uptrend.
Price has given the breakout of head and shoulder pattern that is forming inside the wedge channel with good volumes.
NOTE: I do my analysis, do yours before trade.
JK PAPER BULLISH BREAK OUTIts a bullish breakout with huge volume.Its a up flag and good consolidation of flag pattern breakout.
Chart of the week " JKPAPER"JKPAPER has given long time breakout on weekly chart, looking a good one, only for education purpose
JK paper multi year breakoutJK PAPER seems multi year breakout ..rally may continue
concentrate for shorterm if price sustain above 436
Amazing breakout on Weekly / Daily Timeframe - JKPAPERCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME.
PS: No new Nifty500 script can escape from me when making a breakout. :-)
