#JKCEMENT for short term, I'm expecting levels 3598/4131 in short term, and Stop loss 3047
In this, the price formed a head and shoulders pattern at the FIB Retracement golden level of 0.618 and broke out with decent volume, now trying to continue its up move. This is the best time to take entry
JKCEMENT is forming a Cup and Handle Pattern. After this pattern is formed in few session it will break out of this pattern. JKCEMENT can be longed in future after break out of handle. Entry :- 2765 SL:- 2570 (Little below the handle pattern) Target:- 3400 / 3700 Target of 3400 should be achieved in a few months.
JK Cement : Good Breakout Good above 2850, But around 3000 levels, there is a strong confluence of resistance(s)
Entry only after the breakout or day closing above 2820 for the target level of 3150 with SL of 2750. The cement sector is in bullish mode. if stock is able to sustain the BO we can expect a good move. RSI above 60 again is a good sign for the stock. the volume also picking up. 5-star trade setup. This is for your educational purpose only.
Cup and Handle pattern in Jk Cement Timeframe = 1 day R:R Ratio = 1:2 Target 1 = 2400 RS Target 1 = 2500 RS Stoploss :2161
TLBO & resistance BO good for intra as well swing trades not for recomdation only for educatinal purpose
Stock Name: JKCEMENT Chart Pattern: Cup and handle Time Frame: 1D Entry: Above 2300+ Targets: Target 2555+
JK Cement Range Breakout CMP : 2332 Target 1 : 2828 Target 2 : 3644
Jk cement broke out previous swing consolidation high, can be focused, as cement sectors movement is good
Add to your watchlist Always follow Risk and Position Management❇️❇️ For more information like this follow me in Tradingview @Jagadeesh11616125 Happy trading😊
Stock prints a bullish pinbar candle right at the confluence of blue channel bottom, pitchfork warning line and AVWAP...........suggest that correction is over for the stock........one can start slowly accumulating this stock
📈 J K Cement 📉 My Findings :- 1. Breakout from a Swing High. 2. Close Above March 2022 High. Bias - Long Target - 3183 and 3787 SL - 2192 RR- 1:2 All Important Supports and Resistances are drawn in chart. All levels are on closing basis. Please have a look and revert back if you need some more study on it. Disclaimer : Consult Your Financial Advisor Before...
JK CEMENTS has formed a inverted CUP & HANDLE in weekly and daily timeframe. the stock has given a close below the support zone. which is indicating further weakness. entry can be taken at this level with SL of 2272 we can expect target of 7 - 8% in this stock
Short Short and Short. Good opportunity to short JK cement. Forming H&S formation at this levels. Neckline is breached confirming the downtrend. Good risk to reward ration in trade. Spot Price - 2265 Stop Loss above Neckline n closing basis. Target 1 - 2100 Target 2 - 2050 Target 3 - 1850 @forextidings @vivek_mashrani @tradingview_ @investing @Shorting
JKEMENT FORMING DOUBLE BOTTOM, shall buy when price sustain above 2570. Target 1 ---> 2780 Target 2 ---> 2990
JKCEMENT price action is showing double bottom buy signal in demand zone. Looks good buy around 2480 -2550 zone for target of 2800,2990 and 3290 with stoploss of 2180
NSE:JKCEMENT Trading near major trendline support zone. Wait for the direction of the market. If it fails to takes the support, we can expect a good and quick fall. if it takes the support, we can expect 3600 as first target.