JK PAPER Jk paper is trading within the triangular pattern once it broken we can up with short time target of 387 .Volume is growing .
PS.I am not sebi registered Analyst please consult ur advisor before investing
JKPAPER trade ideas
JK PAPER - Strong Up trendThe stock is in strong uptrend on monthly and weekly charts making higher highs and higher lows. Also the weekly channel is moving upwards. Recently the stock during correction has landed on the lower channel support line. Buying in correction on the up trend is the strategy. Stop loss - 267. Tgt can be previous high 335/387
JK paper fib levels for swing tradeJk paper fib levels for swing trade, wait for the hourly candle to close above the entry point to take a trade(learning purpose)
JKPAPERJKPAPER looks good to buy at this level
as this is crossing 52 week high strongly.
ID: short term breakout
JK Paper breakout1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price)
4. Sell on RSI close below 30 (or use any other method of your liking)
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high volume
c. Exhaustion gaps
d. Heavy daily volume without further upside
e. Largest one day price drop
After a consolidation since 18th April 2022, NSE:JKPAPER has given a breakout today. Buy with a stop just below ₹364.
Strengths: -
1. TTM Sales growth is at 61% and TTM Profit growth is at 107%
2. 5 year and 3 year average ROE more than 15%
3. Interest Coverage at 8.90 (greater than 3 is good) and Current Ratio at 1.56 (greater than 1.5 is good).
4. Dividend yield at 1% (consistent dividend payer since 2016)
5. DIIs increased stake from 0.24 in September 2020 to 5.86 in June 2022
6. ADX > 30 on daily chart
7. Credit rating agency has reaffirmed the ratings of the company on March 2022 (please go through the credit rating report for better understanding)
Weaknesses: -
1. The company has delivered a poor sales growth of 8.59% over the past five years
4. Debt to equity at 1.05 (less than 1 is good), FCF to CFO at only 3.58%
5. Borrowings increased to 3137Cr in March 2022 from 2736Cr in March 2021 (borrowings continuously increasing since March 2018)
6. FIIs decreased stake from 4.73 in June 2021 to 3.43 in June 2022
Disclaimer: I am not SEBI Registered. Do trade or invest at your own risk, I am not responsible for any losses and won't claim anything from your profits either. Take financial advices from your advisors before jumping in.
JK Paper- Low Risk High RewardJK paper is trading on important support line. You can buy it on current level. Support line will be S.L. This is not my recommendation. You can do paper trading to learn the market...
JKPAPER go LongJK PAPER LTD
Price: 337.15
EMA 9: 336.17
EMA 20: 336.07
EMA 50: 325
EMA 100: 299.53
VOL: 993K
Risky traders buy above 343
Safe traders buy above 348
Target 367-387
Stop Loss below 315 for Risk traders
Stop Loss below 328 for Safe traders
Nice Formation Paper stocks has been resilient in this fall.
Watch it out, Good Formation.
SL 328 on C.B
JK PAPER SEEMS STRONG.JK Paper showing strength can give a breakout as well. It's been outperforming the index for long and demonstrating strength in these weak market conditions. Once it goes above its resistance and sustains there, it can towards its all-time highs.
JK Paper - Cup and Handle BreakoutJK Paper :
Cup and Handle Breakout
Long above 365 with SL 355
Once 370 is broken then 400 might be possible quickly
#JKPAPER - RT Idea#JKPAPER - RT Idea
CMP : 305.45
Disclaimer : We are not Sebi registered analyst or Authorized analyst
The charts / Levels / Price projections are only for educational purpose.
This is our personal view, Pls consult your financial advisor before taking decision - Buy / Sell
We will be not responsible for your profit and Loss
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JK Papers looking Bullish!JK Paper is looking bullish on daily chart...
It is currently at strong support zone and getting ready for upmove.
Keep this stock in your watchlist.
Note: This is for educational purpose only. Trade at your own risk.
Happy Trading!
JK PAPER LTD: LONG HOLDNSE:JKPAPER shows strong buy indicated by PSAR, MACD & Fisher crossover.
Target 1: 388.00
Stop Loss: 342.95
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.
JKPAPER long idea (intraday)Price is looking in strong momentum and gave closing at breakout level. Crossing 348.5 level can be a good possibility of upside move.
Analysis mentioned on chart.
JKPaper Breakout viewJK Paper :
Resistance Breakout possibility
Long above 350, with Strong support at 340
JK Paper - Leader of Paper Stocks which is ready to fireGood Flag Breakout !!!
Rish Reward too high !!!
284 is a big big support which should not get violated !!! chance of upside is more !!
JK Paper - Flag Pennant viewJK Paper :
Flag Pennant Breakout Done, might retest 335 levels (as currently Spinning Top is observed)
Long above 350, Strong supports at 335, 325
Jk paper has given breakout on 52 week high Jk paper has given breakout on daily time frame , given closing above flag pattern . Abpve 280 can give some good move further NSE:JKPAPER
JKPAPER inverse head and shoulder break outJkpaper given inverse head and shoulder breakout in weekly chart..
stocks look bullish and looks good for accumulation for long term perspective for targets of 400++
views are educational
JKPAPER --> DESCENDING TRIANGLE BREAKOUTNSE:JKPAPER
TECHNICAL ANALYSIS
--> JKPAPER has given a breakout from its previous ATH which is 285. and also has given a breakout above its Trendline joining all previous ATH.
--> JKPAPER has broken out of the DESCENDING TRIANGLE after consolidating above its previous ATH.
ENTRY
--> Take a postion when stock gives 1 HR closing above 325.
STOPLOSS
--> SL can be placed below the breakout candle at 302.
TARGET
--> Target= Depth of the cup which is around 375.
JK Paper Predication ProofJust adding proof for your reference to show how you would have ended if i taken position as per my indicator.
Although i entered lately too as i was too testing my strategy also.
but currently i am still into this trade as my signal is still showing there is lot to come from this stock.
Till now i am 10% up since i entered(lately)
