JK CEMENTS LTD

NSE

JKCEMENT

Details on chart.

Demand Zone Analysis Here Daily Demand Zone is overlapping with Weekly Demand Zone. The only problem is that zone is tested many times

NSE:JKCEMENT 1.Schiff pitchfork play 2.Ichimoku kumo support 3.rsi bullish reverse divergence 4.Price action in pivot 5.Target is at resistance an fib 1.27 level also marked by ML region Disclimer... Invested... Not an investment/trading recommendation

As per my analysis..

JK Cement : Symmetrical Triangle Break out on daily chart

Currently the stock is in correction , it will make to ascending trend line , till then Short and cover on daily basis then go long

I am looking to go long once price makes to lower trend line which will have potential move of 15% on long trade Regards

Short JKCEMENT below 973 on bearish flag breakdown. T1: 955 T2: 930 T3: 875 SL: 986

Levels on chart

Flow with the trend. closing above 970 on weekly will bring 1300+++