JKLAKSHMI trade ideas
JKLAKSHMI - Ichimoku Bullish Breakout Stock Name - Britannia Industries Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 720
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
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Jk Lakshmi cement Jk Lakshmi cement. CMP:626 sl;510(wcb)..look good at retracement...Target:720/825/980
JK LAKSHMI CEMENT : BUYJK Lakshmi cement buy : Weekly chart extremely bullish, priced closed above monthly pivot last week.
#JK Lakshmi CementStock has maintained its supportive trendline and retested it, above 585 buy for TGT of 629-684-729 keeping support @530.
Trendline and Resistance BreakoutToday JKLAKSHMI stock was picked for BTST purpose. I am picking this stock on various factors.
First and foremost there was a rally from cement stocks due to decrease in raw material price of cement.
Along with that there are few other technical points to pick this stock. Those are
1. Trendline Resistance Breakout
2. Closing above the Resistance.
3. Recent Channel Breakout.
4. Volume Sprut at Breakout levels.
Consider these ideas only for educational purpose. For BTST purpose aim for 2% - 3% target.
For short term trading levels check in the level mentioned on the chart.
Jk Lakshmi Cement Limited: Add to WatchlistNot yet break-out happens.
But keep a note of this stock once it breaks above the consolidation zone.
A 7 months rounding bottom formation.
followed by a few days of consolidation.
Two possibilities:
1. Either will give a breakout.
2. Retrace -> create a Cup-and-Handle .
Keep an watch.
JKLAXMI CEMENT SWING TRADE PROFITHello Traders,
On 28-AUG I gave NSE:JKLAKSHMI setup for swing trade.
On 7 it Breakout and I Entered.
Within 2 Days gave 12% PROFIT
This is power of good technical analysis. Just have believe in your analysis.
JKLakshmi - Ascending Triangle breakout viewJK Lakshmi Cement :
Looks good for Ascending Triangle breakout
Long above 509 with SL 499
JK Laxmi Cement: Forming ascending triangle patternJK Laxmi cement is forming ascending triangle pattern in daily time frame. Looking good for long. Keep on radar for Breakout.
JK LAKSHMI CEMENTthe chart is self-explanatory.
upside potential > 15%
TREND ANALYSIS + BREAKOUT + VOLUME ANALYSIS + ADVANCE CONFIRMATIONS
Disclaimer: This is for educational purposes only. This is not buying or selling recommendations. I am not SEBI registered.
JK LAKSHMINSE:JKLAKSHMI
One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
Close should be good, and Clean.
R:R ratio should be 1 :2 .
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
JK LAXMI CEMENTS bullishThis stock was strongly breakout the trend for day & weekly charts.Buy this stock when its price goes above 493.75
JK LAXMI CEMENTS : POSITIVE TRENDNSE:JKLAKSHMI shows strong buy indicated by PSAR, MACD & Fisher crossover followed by EMA & MA Crossover
Target 2: 546.85
Target 1: 526.15.80
Stop Loss: 453.30
𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
JKLAKSHMIStock has taken the strong support from the demand zone and closed with a good volume this week. Finally it looks like the end of the down trend and stock is ready for the uptrend.
JKLAXMI Cement: Excellent Results JKLAKSHMI JK Lakshmi Cement Ltd - Excellence results over the quarter
Let's see how chart will it performe. Need to cross 488 level to fly.
Q4FY22 Net Profit Of 184 cr
VS
Q3FY22 Net Profit Of 64 cr
Q4FY22 EPS of 15.61
VS
Q3FY22 EPS of 5.45
Explosive growth
QOQ Net Profit Growth Of 187%
Available at a current pe of 10
JK Lakshmi Cement ready for the uptrend!🤩💸🔥Buy JK Lakshmi Cement for Positional Trading as well as Investment.💸🔥💸
Comment your views‼️😄
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💡Capacity expansion to take care of growth:
JKLC’s subsidiary, UCWL’s capacity expansion of 2.5MT with a CAPEX of Rs16bn is planned to be commissioned by end of FY24. The funding for the expansion will be through Debt-Equity (70%:30%) and the subsidiary will raise equity through equity infusion from JKLC. The company will spend ~Rs.2bn in FY22 and ~Rs.10bn in FY23. JKLC’s current gross debt stands at Rs.10.78bn & Net debt at Rs.4.14bn (reduced from Rs.21bn in FY17). Debt repayment scheduled for FY22 is ~Rs.330cr.
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💡Valuation & Outlook:
The demand outlook is positive given GoI’s strong focus on infra & Housing. The expansion of 2.5MT will support future growth.
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✔️ Technically & Fundamentally Strong💪💪
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💎@technofunda_trader
Few Important rules from my Trading Philosophy:
1. Don't compromise on the quality of stock.
2. Buy right, Sit tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar issues.
3. Don't invest more than 5-7% in any stock & more than 25% in any particular or related sector. If stock is risky don't invest more than 2-3%.
4. Build position gradually as the stock rises.
5. Trade in the direction of the bigger trend.
6. Ride the trend, don't sell your winners early.
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jk lakshmi cementjk lakshmi cement monthly strong support
buy cmp tgt will be 540-700
with in 3-6month
JK lakshmi is ready for upside As it is small company, take small risk
All the details have shown on charts
lets beat the market together
