JK CEMENT | JKCEMENT Longterm View Longer time frame is Bullish
This stock breakout cup and handle pattern TGT will be 1:3 risk reward and only for educational purpose
JK Cement Chart Analysis 22/01/2024.... Long : 3866 Sl : 3700 Target : 4300 / 3970 Enjoy !
FWB:NSE : JKCEMENT Formed Inside Candle Pattern Inside Candle Formed on Weekly Chart .. Either Side Breakdown or Breakout is Possible the Range is So Important if Breaks Upside Then Possible Targets Are Marked if Breaks Downside Then Possible Targets Are Marked
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...
💥J K Cement 💥-Nice Breakout Capital to be deployed- 20k Investing Price-3860-80 Breakout Price-3830 Stoploss-3375 Targets-5333 RT for max reach #jkcement #stockstowatch #StocksToBuy #StocksInFocus #stocks #StockMarket
Okay so as you can see the break of 3569 level is important to reach the level 4000 and if it breaks out of 4000 you can see levels of 4600 for long term ( +points election are on the way so construction gonna take place)
Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You...
JK cement, steam left for 5-6 % move Trendline breakout good volumes seen
The Company is engaged in the manufacturing and selling of Cement and Cement related products with over 4 decades of experience in cement manufacturing. It is an affiliate of the multi-disciplinary industrial conglomerate JK Organisation Breakout - Observed Stoploss - 2990 Market Cap ₹ 25,268 Cr. Current Price ₹ 3,270 High / Low ₹ 3,325 / 2,004 Stock...
Given a breakout of multi-week consolidation. Looks good for the target of 3200, WITH LIMITED SL. Not a recommendation, just a possibility!
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!!!
Still holding short positions in the said stock. Right look is more important than the wave count. Sometimes the waves are so complicated that it becomes difficult to count then the look matters. All the best.
JKCEMENT Sell for intraday trading if stock breaks the given support level........
thanks for the support guys if you have any questions ask in the comment
Hight Tight flag tight price action Would watch the vol for first 30 mins of the trade
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...