JK paper multi year breakoutJK PAPER seems multi year breakout ..rally may continue concentrate for shorterm if price sustain above 436Longby Tamilniftyanalysis18
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. :-) Longby Yoyohoneysingh934
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.Longby GreyandWise3
JK PAPER BULLISH BREAK OUTIts a bullish breakout with huge volume.Its a up flag and good consolidation of flag pattern breakout. Longby sovanjanacd2
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.Longby SREEHARI1231
Chart of the week " JKPAPER"JKPAPER has given long time breakout on weekly chart, looking a good one, only for education purposeLongby tvihaan071
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 swingLongby keshavmaharaj9580
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.Longby TRADINGNASA0
jk paper buy tradeas per pattern we can clearly see ,market started to move in up directionby K6633442j0
JKPAPER Long IdeaJKPAPER 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.Longby sfk12293
Ascending TriangleAll details marked on chart. Trade will be active only above 435 BO level. Never trade without a Stop Loss. Earnings coming up on 6 Feb, so watch out for volatility. --- --- --- Believe you can and you're halfway there. - Theodore Roosevelt.Longby srjatavUpdated 4
JKPAPER | Swing Trade📊 DETAILS Sector: Paper & Forest Products Mkt Cap: 6,674 cr Established in 1962, JK Paper is the leading player in Office papers, Coated papers and Packaging boards. It is one of the most respected paper companies today. TTM PE : 5.47 (Low PE) Sector PE : 7.01 Beta : 1.13 📚 INSIGHTS Strong Performer Stock with good financial performance alongside good to expensive valuation, but lacks price momentum as suggested by technical indicators 7.81% away from 52 week high Underperformer - JK Paper up by 5.05% v/s NIFTY 50 up by 8.24% in last 1 month 📈 FINANCIALS Piotroski Score of 9/9 indicates Strong Financials Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst. If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you. 🔍 More Analysis & Trade Setups 🔍 For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.comLongby Munish_JainUpdated 14
JK PAPER 1. See, we need to identify the stock before its move, First wee have to find out the stocks which are in consolidation phase after uptrend move, the consolidation phase in the uptrend stocks can be of 6 to 8 months only. 2. Now, please see the chart of all paper stocks which are going to move and other stocks also which are standing at neckline where MACD and RSI and moving averages are positive. Mention the name of the stock in the comment box. 3. In this stock, we can see a consolidation phase of 6 to 7 months after upmove. Now the stock is giving clear signal for next leg of move upto 550, keeping in view of MACD crossover and bullish RSI. Moving averages of the stock are on positive side.Longby ScienceBehindTheChart1
Next Target Paper Industry - Keep On Radar-triangle breakout with very high volume -strong closing -rise in RSI shows strength in momentum -keep in radar paper related stocks Longby Marketik0
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 RESPEECTED! 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. :-) Longby Yoyohoneysingh931
JKPAPER -inverted head and shoulder pattern breakoutJKPAPER -formed an inverted head and shoulder pattern on the weekly time frame and broke out the right shoulder with a huge volume potential positional trading opportunity. DISCLAIMER: All ideas, opinions, and/or forecasts, expressed or implied herein, are for informational (educational) purposes only and should not be considered as a recommendation to invest, trade, and/or speculate in the markets. I am not an investment advisor.by Rajachandrasekaran0
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.Longby tradewithamey_Updated 7
JK Paper LTD Analysis on 11 Jan 24JK Paper LTD Analysis on 11 Jan 24 Stoploss - 340 (On closing basis) Target 450 - 480 - 520- 550 Market is now volatile so take risk as per your own capacityLongby StockVaulttUpdated 223
Jkpaper longJkpaper looking very good on daily candle. Continue accumulating with good volume. If last high break then going upside.by sumitk61951
JK Paper LongPrice Structure has potential to give a breakout Near to ATHLongby aspiretradingacademy2
JK PAPER SHORT TERM BUYLook at the red arrow symbol in July 2022 and June 2023. In both cases, 327.3 is a crucial point. If it crosses 327.3 with high volume, it goes up. Buy CMP. Target 349.9 to 357. Stop loss 314.9.Longby DhanilPrakasanUpdated 2
Interesting, but need to wait for BO for a higher probability.If you have not (yet) noticed, trading is mostly waiting. You've got to relax and let things happen. Longby srjatavUpdated 0