Intraday Trade: watch for resistance breakoutnear to important resistance on weekly
and broken range on daily chart can buy above 397
JKLAKSHMI trade ideas
WATCHOUT FOR THE CLOSING ABOVE 390!!!Stock has consolidated enough on important levels and looks pretty much ready to give an Inverse H&S breakout above the mentioned levels, a buy is strongly recommended with a stop-loss mentioned on charts for the respective targets. Targets may look too far away but we've seen stocks doing a stellar job and achieving their targets in no time, just chip in!!!
JKLAXMI CEMNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading.
JK LAKSMI CEMENT STOCK MAKES LIKE BULISH FLEG AND POLL PATTERN THEN BREK SO
WAIT.......FIRST BREK 388 LEVAL IS MAJOR STRONG REST.
STOCK BREK 390 BUY @ RETEST
STOP-360
TARGET IS 500.........
positional entrybuy @ 364-65
strong move expected above 368-69
trade to stop below 358
stock nearing 250 days high - 367
potential targets expected
T1 > 373
T2 > 383
R:R = 1:1.5
= 1:4.5
time line for trade - 1-3 months
disclaimer - trade @ own risk
#JKLAKSHMI #AMBUJACEM #SHREECEM #INDIACEM #ULTRACEMCO #RAMCOCEMNSE:JKLAKSHMI
#JKLAKSHMI
CMP: 345.35
Target: 395 ++ {HOLD for higher UP SIDE!}
SL: 327
Time Frame: ~ 1 month
If you like my work, kindly LIKE SHARE & FOLLOW for latest stock recommendations.
Beutiful Charts - Breakout ?Seems an interesting break out....still available at a price first reached 5 years back !
P.S. This is not a reco to buy but shared for review & observation from fellow expert chartists
ideal cup n handle20% deep cup followed by tight handle. Broke out today on strong volume. still buyable.
JKLAKSHMI CEMENT - double bottom @ 250The stock is reversing nicely from a psychological support level, 250.
The double bottom, marked in circles, is an added confirmation to bullishness.
From June, the stock has failed to break and sustain below this 250 level 3 times.
Bull sash pattern, hammers, and neutral candles, all point potential reversal in JK LAKSHMI CEMENT till 280 / 300 levels.
JK Lakshmi CementsWill wait for the retest of 240 levels to suggest an entry. Prices have broken the downtrend channel suggesting a possible long entry. Keep an eye.
JKLAKSHMI FUNDAMENTAL BUY CALLAny of my investment or trades I share on my view are provided for educational purposes only and do not constitute specific financial, trading or investment advice. ... You must be aware of the risks and be willing to accept them in order to trade or invest in markets. Don't trade with money you can't afford to lose.
#JKLAKSHMI #JKCEMENT #CEMENT #NIFTY #BANKNIFTY @in_tradingview#JKLAKSHMI #CEMENT #JKCEMENT
JK Lakshmi Cement Ltd.
CMP: 282
Target: 336
SL: 267
If you like my work, kindly LIKE, SHARE and FOLLOW for latest stock recommendations. :)
JKLAKSHMI CEM BUY CALL FOR SWING TRADERAny of my investment or trades I share on my view are provided for educational purposes only and do not constitute specific financial, trading or investment advice. ... You must be aware of the risks and be willing to accept them in order to trade or invest in markets. Don't trade with money you can't afford to lose.
AND SUPPORT ME
DONATE FOR MY HARD WORK
THANKS
JK Laxmi - to enter long??Please see the chart. Same kind of observation was noted in case of Biocon. Till now, it did not cross the set level. Same advise for this one too.
Go LONGJK LAKSHMI CEMENT make wedge pattern and MACD also indicate bullish crossover
Go long if stock is open higher then its previous closing and SL is last closing low
