JK Paper has given a strong Breakout of it's triangle pattern on daily timeframe with strong volume buildup. In coming trading sections me might see a new highs in a stock.
Clearly came out of the consolidation.. Stock is moving nicely with good momentum followed by consolidation. One can expect same bullish momentum which the stock shown earlier. Maintaining good risk reward ratio is always a good thing.
Bullish Flag in construction. As it touches lower trendline and might breach it slightly on Intraday basis or day basis, than comes time to enter the market for next extention. Best of luck.
JK paper has given a strong breakout on daily charts supported by heavy volume buildup. Technical targets are high. Track this script. # Breakout Stock # JK Paper # circle_bull
Buy JKPAPER @/above 333 Intraday/Short term Target 356 Stop Loss 329 Profit approx. 7% Medium term Target 387 Stop Loss 310-306/below Profit approx. 16%
JKPAPER - It's at the verge of the edge... It can be an abcde triangle, or Can be abc zig-zag correction between the parallel lines. Trade/Invest wisely. This is only for educational purpose. Not - SEBI Registered.
nice formation and breakout of trendline took small position
Tight contractions along the key moving averages. volume dry up on the last contraction. Pocket pivot volumes along the base. Broader market weak, therefore 10% position size, stop loss below days low ~ 3% Publishing for my own reference. Not an investment/trading advise.
Buy Above 351 Sell Below 343 Stop Loss Below 348 Stop Loss Above 347 Target 1: 354 Target 1: 340 Target 2: 356 Target 2: 338 Target 3: 358 Target 3: 336
Paper is a trend i am sharing and this is a stock I am sharing since the 200 levels. Long at current price 50% and balance above 340. Stoploss below 323.
*JK Paper Ltd.* Flag & Pole Formation: Montly Basis Rouding Bottom Formation: Weekly / Monthly Basis Strong Volume Consolidation / Price BO to be Watched *With Increase in Price, Trail Stop Loss* *Book Profit as per Your Risk Appetite* *Fundamentally Sound & Improving* Reopening of offices, educational institutions and courts will lead to regularization of...
Aim for 5-8%. It can be easily achievable in 1-3 days. My belief is to choose high winning probability trade with a risk-reward ratio going from 1:1 to 1:2. The reason for booking profit of only 5-8% is because the market direction is not sure at this point. So better to aim for 1:1 risk-reward and rotate your money in better opportunities. Take trade if all...
JK Paper broke out of a declining channel on 17th Jan 22. Post that there was a throwback, after which it has made a fresh 55-day high This signals a resumption of the primary trend Chaikin Oscillator is also above zero and pointing up Bollinger Bands beginning to expand outward Daily RSI at ~67 Recent MACD +ve Crossover on Daily charts Targets will be...
stock has given trend line breakout , short term upside can be seen
Entry Around 219.30 StopLoss = 207.90 Target 1 = 237.10 Target 2 = 253.15
Stock is at trend line support, 38.2% fib.support and channel median support....entry, stop and exit levels clearly indicated in the chart itself..
Weekly huge volume breakout and low volume retest wait for the pennant breakout and retest for entry
Relative Strength Positive WEEKLY RSI bouncing from 60 Daily Price breakout from short term consolidation Disclaimer: Educational view