Any 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.
I would not recommend buying in a downtrend.
#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. :)
Any 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
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.
Analysis and levels on chart.
JK Lakshmi Cement Strong For 260 273 284 308 329 343 385 SL 181
Disclaimer:I am NOT SEBI registered, Just trying to learn to predict share price movement. THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
17-09-2019 Might find support around 295-292 levels, if it breaks on weekly closing basis then heading towards 282-280.. Worst case scenario and best buy scenario is 260-265..
Sell JK LAKSHMI at 339.5 Stoploss 358 target 294
Buy JK Lakshmi cement on dips towards 320. Stoploss below 260 Target 435 500
Stock is sitting on Trendline and Horizontal support. RSI shows Bullish divergence and should bounce from here. Bullish Short term.
One Can look for Going long on CMP and hold it with trailing stop , You can look to exit near 371 , current stop is 315
Initiate BUY add on dips upto Trendline. If stocks takes support from Trendline/100 MA, invest for 30-40% gains in short term. Maintain SL of 400