JK cement has given upside breakout from a descending channel and retested making it bullish. #positional Buy it above 1920 Tgt: 1944, 1974 Sl: 1898 Time frame: 3-4 days
IT WILL BE GO DOWN AND TOUCH 1510-1530 LEVEL IN 2 WEEKS AFTER THAT IT WILL GO HIGH AND TOUCH 1950
Disclaimer: Analysis for education purpose only. Seek financial advisor before making any decision.
BUY IN DIPS NOW 1556.35 SL 1410 TARGET 1750 1800 Over the last 5 years, net income has grown at a yearly rate of 28.15%, vs industry avg of 21.24% Stock has been generating better return on equity than bank FD Good time to consider, as stock is not in overbought zone In last 3 months, foreign institutional holding of the company has increased by 1.03%
JK Cement a. Zone: Weak Bull b. Resistance 1: 1552.35 c. Resistance 2: 1575.85 d. Support 1: 1505.25 e. Support 2: 1466.05 NSE:JKCEMENT
As long as it is above 1400 levels , one should buy the dips for the target zone of 1700.
DISCLAIMER : . I am not a SEBI Registered analyst. All chart analysis I publish are educational and information purposes only
Weekly breakout, above 52 week high Resting on breakout levels @ 1480. Wait for bullish candle on daily to go long with SL 1300 Target 2100 Risk reward 1:3
TRADE AFTER BREAKOUT ONLY. EDUCATIONAL PURPOSE ONLY!!!
JK cement Pole and Flag pattern formed. looking bullish for short term and long term