Enter around 1014.40
Strength candle zone in which the stock moves freely Forms a conductive zone
After correction looks like JKCEMENT is ready to rise.
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
Batti laga do abi , going for short selling in day trade
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