JKPAPER trade ideas
Question on JKPAPERSideways as of now... nothing interesting..
if at all you want its near support
Accumulate
SL Close below 85
Short term bullish on JK paper ... Target 125 Go Long ...Obey channel ..
Easy Target 125 .. Look for rejection and only then exit trade ..
JK Paper Ltd. - WEEKLY CHART!JK Paper Ltd. Symmetrical triangle breakdown clearly visible in the weekly time frame. Closing near weekly low increases negative trading sense. More weakness possibilities intact below 93. On the higher side 99 - 100- 102 are immediate resistances.
JK Paper Ltd. - INVESTMENT - WHEN TO BUY??JK Paper Ltd. - WHEN TO BUY?
As of now price showing indecision as per the Doji pattern.
It is clearly maintaining weakness and it may extend further down if the price again breaks down (85 - 50% Fib Level) on the lower side. We might see it reaching down to 79 (61.8%) or even 71 (78.6%). You might start buying at 79 and keep adding more quantities on the dips till 71.
On the higher side 90 - 92.40 - 93 - 100 are resistances.
KEEP AN EYE!!
JKPAPER long setup - Risky counter trend tradeBuy JKPAPER at CMP (76.50)
T1: 84
T2: 88
T3: 92
SL: 74
Triangle Breakout in JKPAPERWe can witness a triangle breakout in JKPAPER in coming few weeks before this financial year.
JK Paper "Long" Around 128-129Wonderful chart patterns showing good price action hoping for 10-13% upside. RISK:REWARD is high good for Positional trade.
looking good for 130, if crossed then 137.Disclaimer:I am NOT SEBI registered, Just trying to learn to predict share price movement. THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
JK Paper - BullishThe breakout from falling trend line shows change in price action, the buying can be done at retest of 120-125 levels
looking good for 161-162 in short timeDisclaimer:I am NOT SEBI registered, Just trying to learn to predict share price movement. THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
JK PAPER - UP MOVE DEPENDS ON IMPORT DUTYDRAGON FLY DOJI FORMED TODAY.
THE SHARE PRICE SEEMS TO TOUCH 132 IN THE COMING 1-2 DAYS.
MAY BE IT WILL BE BULLISH ONCE THE FOLLOWING DEMAND IS MET IN THE BUDGET. THEN 150 CAN BE EXPECTED.
There is a demand by major players to increase import duty on paper products, currently at 0 percent as per FTA. If it does, it would also provide benefit to this sector.
May have formed double bottom. JK Paper if it remains bullish tomorrow it will have formed double bottom and will move north till it finds resistance at around 133. Support for tomorrow is at 119.
