Forming a bullish price action sequence of higher highs at lows
Registers a bullish consolidation breakout that hints at the resumption of a strong uptrend
Targets 3165-3269 Likely
JK CEMENTS
TL Breakout followed by good consolidation and again strong candle.
Buy above 3026
Targets: 3038/61/97.
Long term for 4-6 months can give 20% returns
SL 2998
Intraday: keep trailing SL for max gains
Disclaimer: Im not SEBI registered, Contact your financial advisor before any investment.
NSE:JKCEMENT
Cmp : 3014.5
Entry : Cmp or near 2980
Stop Loss: According to one's Risk Reward ratio
#Study, Learn & Earn.
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Disclaimer: All the information posting on this page are for the educational purpose only, we are not...
Chart -> JK Cement Weekly
Stock has formed an inverse head and shoulder in weekly time frame.
CMP: 2925
Target: 3165, 3700
Good to add: Around 2850
SL: 2727 Weekly Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
Had shortlisted this chart sometime back
Again Inverted Head & Shoulder
But marked type of movement in market which needs to be identified before taking any trade
Hope it helps
JKCEMENT:- formed cup and handle pattern
keep on radar
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price...
jk cement ....
1 - forming inverted h&s in day time frame
1 - good volume
3 - price trading above 100 and 200 ma '
buy above day high
with the sl @ 2560
target @ 2800/2910
(positional )
