JK Lakshmi has taken support from the previous resistance area and have already given the breakout of the resistance after consolidation for few days. A good opportunity to go long. SL according to the risk appetite
The previous resistance zone can act as a new support zone. Long wick Doji shows good demand zone. One can go Long as soon as it breaks the 620 level.
Entry Price = 617.8 Stop Loss = 575.3 Target = 740.45 For Education Purpose Only
Go high on this one. Financial of the company are high, competition is tough but JK has always pulled itself from down. Wait for at least 15% in 2 months.
JK laxmi cement good buying in cement sector take it for 1 week R2R is good
Have a look at the levels and short if it crosses with a sl. Thank You!
Here is a related post of my previous JKL stock on a daily time frame!
Sell Half Quantity Bellow 631.35, if candle Retest the level then go full. With a SL of 652.65. R:R=1:7
Tight base formation, even though not a clean cup n handle formation looks good. Long above the line of least resistance.
stock given breakout of tight consoldation and hence cup and handle .. can be bought above 720 with sl 705 for target 768
Strong Weekly retracement indicates the Bullish momentum may continue
Another script from the JK group following the same pattern of multi-year breakout! A 5yr resistance breakout - retest and an impulsive move. But, have a look at the RSI, this is still strong applying break to the upside momentum of the stock. Hence, watch for a dip till weekly DZ (green box) for entering in this script. Pivot Reversal Levels: - Buy above...
Rising Trendline Breakout seems plausible. ( Analysis is for Educational Purpose Only)
Cement sector is on good uptrend.. JK Laxmi cement can show a good upside from here now
The stock has come out of its consolidation zone and is moving up. Targets as shown on chart.
This scrip is under consolidation and is expected to give breakout. So traders keep on your radar to catch the momentum and enjoy the profit.
Price is hugging the support line but volumes on buy are huge.. There can be a bullish BO here but chances are there for bearish BO too...currently the outlook is neutral ..Keep an eye and only invest after confirmation..
abv 587 only for educational purpose not sugesstions