JKCEMENT given breakout from falling wedge with volume with positive diversion in intraday and when price meets the volume.... it gets acceleration as engine gets fuel... chart presented for educational study of price & volume
buy around 2150 -2160 if possible or else get it with your own risk to reward ratio target for 3-5 % its rsi in day is deep oversold 14< hold it gona give you a big 3-5 % and then exit wait till make a w pattern then reenter to get 5-8 % Remember any stock in the world cannot move with slope as infinity it need's price action calculus approach Big one...
We need some conformation in Jk cement and the scrip at good demand zone,expecting 12% ROI for a swing trade.As i always say whatever we do must follow risk reward and money mangement.
JK Cement looks weak... As seen on trendline breakdown seen on charts and supports will be tested.....Tough times for JK Cement....
JK CEMENT falling channel + strong daily trendline support if it breaks support sell it it breaks upper trendline of channel buy huge movementum on breakout stock
JKCEMENT chart looks v.good support but looks like yesterday candle had a huge selloff lets see how the stock behaves today
This scrip is expected to give breakout in the coming days. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
Triangle forming on Daily Chart of JK CEMENT. BUY CMP, SL/Support -3400, 3200-3000, Target(s) - ATH, 4000, 4200, 4400.
Levels plotted on the chart Disclaimer: The content of the idea and the interpretation of data are solely my personal views which being said I do not warrant its completeness or accuracy. This idea published is purely intended for educational and informative purposes, I urge traders to make their own trading decisions based on their specific trading objectives...
Technical analysis based on Trendlines & Price action Use it just for reference and do your own analysis
Buy Above ~ 3430, With Stop ~ 3290, Target ~ 3700, Trading Time Frame 8 ~ 10 Day's.
JK CEMENT after huge consolidation from july 2021 to november 2021 breakout & retested go long 3643 Parallel Channel Breakout & Retest Buy Above : 3643 1st Target : 3839 Final Target : 4198 Stop Loss : 3400
the stock is having cup and handle pattern after a good breakout the stock will gain good volume is also going up this stock is also recomended by 2 big analyst
JKCEMENT share has been seen in consolidating range after making 4 tops it has given its breakout and then again it retested so good idea for swing traders LTP- 3677.45 TARGETS-3800 SL-3600
My view in JK CEMENT Go Long done a Breakout from channel pattern
Channel pattern breakout and retest done. Can give 5-7% returns
1) Stock had given breakout from box pattern on 08.11.21 with huge volume 2) Since stock had retested the breakout level chances are higher for upward move from here. 3) Risk is only 20 - 25 points from CMP 4) Refer chart for levels
After almost 3 months the stock has broken out of the rectangle or channel pattern with great volumes with RSI entering super bullish territory of above 60(Acc. to unconventional RSI). With a retest and a bullish candle on the previous resistance which now has become support this stock is ready to fly to new highs. Moreover, sector is also bullish. Therefore, a...