the stock made an all-time high after 8 years and a trend breakout with decent volume, the order books have crossed more than 4x of the market capital.
good to add to watchlist.
JKIL looks bullish on monthly and weekly time frames. It's been making cup and handle patterns. It almost broke the neckline with volume. If it breaks the current level & retraces the breaking line with significant volume, we may see 600 above levels in a couple of years.
Good for investment purposes
JKIL NSE is bullish if 311 holds. NEW 52 WEEK High. Fresh Breakout. Positive Trend.
Disclaimer: Educational Purpose Only. Not Buy Sell Reco . Not Sebi Registered.
VCP characteristics
Strong RS, Relative strength line new highs.
Trading above key moving averages
Pivot of 304 bought at 302.5. Broke out pivot with good volumes.
Stop at days low
Testing with position size 10% as smallcap index has broke out of its consolidation and above 21 EMA.
Not an investment/trading advise. Publishing for my own reference.
JKIL J Kumar Infraprojec Nse is Bullish If 300 holds. New 52-Week High. Positive Trend. Fresh Breakout.
Disclaimer: Educational purpose only. Not Buy/Sell Reco. Not SEBI Registered.
Fundamentals:
J Kumar - Into Metro Infra Projects has come up with good Q3 Result
QoQ EPS up 40% TTM EPS back to pre-covid levels
Technicals:
Weekly RSI above 55
MACD crossover with multiple resistance breakout
The chart has jumped above the bottom formed near 70 and consolidating in range of 160 to 190, look set to move higher in long term with probable first target of 300 and stop loss 160.
Disclaimer: The stock/index/currency discussed do not constitute Investment/trading advise and is merely an effort towards enhancing learning, knowledge and book keeping. Kindly do...
NOW EXPECTED PRICE REVERSAL IN J.KUMAR INFRAPROJECTS LTD
164 IS A BIG HURDLE AS SOON AS IT BREAK THIS LEVEL STOCK WILL BOOM.
BIG NEWS IS THAT HDFC MUTUAL FUND BUY THIS STOCK (IN BULK) AT THE PRICE OF 150.50 QUANTITY 1035000 SHARES
MUST TAKE ADVICE WITH PROFESSIONALS
