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.by Sunandamedi1
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.by sabyasachi_nath0
Consolidating but showing latent bullishness. Support range 140-145, short term target 160+by sabyasachi_nath4
bullish but will b slow129 is support n141 is resistance, if crossed then 150 is next target. 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.Longby PositionalPicks0
Taken a bullish trendSupport at 122 around the last support of 8/1 angle, intermediate term target 165by sabyasachi_nath0
Bearish - At Intermediate Support at 125At Intermediate Support at 125 Long Term Support at 100-105by rishavTA0
needs to be very cautiousIt is moving inside a down channel, however, its short term support is near i.e. 148.15 and also 200 DEMA is 147.33, so 147.33 can be considered as good support, if 147.33 is broken on closing basis, then it will open more downside and next support is 136.6 and then 127.xx. However, if it holds above 149 level on 15th of this month, then it will face next resistance around 162.by PositionalPicksUpdated 1
long with cautionclosed just above the downtrend channel resistance! if it maintains that tomorrow(needs to be careful as in case of downtrend false break out is also observed ), then 166 is very much achievable.Longby PositionalPicks0
in downtrend as of now in downtrend as of now, closing above 154.5 is important to break that, if that happens today, then near term target is166.4!by PositionalPicks0
TrendLine Breakout JK PaperThe BO candle is not very strong and it requires follow-up buying to confirm the BO, although the volumes on the BUY side are greater compared to the sell side. On the weekly chart, we can see all lower levels have been bought by the market. I believe there is a strong momentum. It is at the crucial point, I can see the triple top and hence follow up buying is a must for it to trend further. Educationby aashu24ahuja3
JK PaperJK paper is in the stage 2 uptrend where it satisfies Mark's Minervini Criteria of 50EMA > 150EMA > 200EMA. Over-all the paper sector is doing well, for eg IPAPPM is also in the uptrend. MACD for daily and weekly is positive and RSI > 51 For fundamental details you guys can view forum.valuepickr.com I have highlghted the support level where stock can be accumulated.by aashu24ahuja2
JK Paper DTop formation ideaLooks like JK paper is forming a double top, Short on breach pf PDL, with SL at PDH. will update the trade as when it moves Shortby syedaleemuddinnoor3
JKPAPER Bounce Uptrend Trade Entered at 16th August at 168.9 with stop loss at 158.1 Current stop loss is 158.1 In case of stop loss confirmation, points captured would be 168.9 - 158.1 = -10.8 Educationby syedaleemuddinnoor0