This stock breakout cup and handle pattern TGT will be 1:3 risk reward and only for educational purpose
NSE:JKCEMENT One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. 2. Close, should be good and Clean. 3. R:R ratio should be 1 :2 minimum 4. Plan as per your RISK appetite Disclaimer : You are responsible for your Profits...
Price has formed Wave 1, 2 and 3 and now is in Wave 4 as Wave 2 has retraced Wave 1 by 38.20% hence we are expecting Wave 4 (To be a A Complex Correction due to the Principle of Alternationa nd Wave 2 being a Simple Coeection). Now Wave 4 is in formation and there is a Quarterly Supply which starts @ Rs. 3130.40 A small Buy Trade as per the Daily chart till...
Price has been in an Uptrend and will continue the same, Price has just given a pullback into a Demand syned into Weekly Daily and 4H, hence another 4% Upward. ENJOY THE RIDE!!!
The daily chart shows the stock has carved out a falling wedge, a pattern known to power fresh bull runs. Good to buy the breakout!
NSE:JKCEMENT Risk Reward is good ! Wait for Daily Candle close above the Trendline. Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. 2. Close, should be good and Clean. 3. R:R ratio should be 1 :2 minimum 4. Plan as per your RISK appetite Disclaimer : You are responsible for your Profits and loss, Shared for...
Jk cement final ttarger 5055 after formatjon of head and shoulder .
NSE:JKCEMENT is breaking out of consolidation with very good volumes. Good time to add to your existing positions. For fresh longs, you may want to wait for a pullback though it may never come.
Detailed analysis of the scrip - explained everything on the chart with marked levels. Potential Breakout Candidate. Day close above 3150 zone might bring a TRADE OPPORTUNITY with favourable RRR. Do your analysis.
NSE:JKCEMENT HOLDING THE CHANNEL FOR GOODS , UPMOVE EXPECTED TOWARDS HIGH OF CHANNEL ,BULLISH BIAS , ROW RISK TRADE
The purpose of this analysis is mainly to give an idea for swing trades to beginners. Those who struggle to find good swing trades due to lack of knowledge of price action or due to lack of time for chart reading, can follow this simple strategy. Brief points - Prepare a watchlist of 10-20 good stocks from different sectors (preferably top 2-3 companies of...
JK moved good from the lows of March, and looking for a base formation near 1500 levels. Any move up 1500 can take it to further high !!
Price and volume has yet to confirmation in which direction the stock shall move but formation of H&S has been completed. Stock may be shorted if price closes below the shown support levels. Will update on SL and Targets