Divergensity

An Investment idea- Daily Time frame.

NSE:J_KBANK   JAMMU & KASHMIR BA
JK Bank looks like its in a daily consolidation and once its done and breaks out, its highly likely to retest the previous highs which translates to a very good risk/ reward profile. The potential profit could be close to 300% and thats why I am closely watching this. An ideal investment opportunity. DO NOT buy at the current levels coz the way I look at it, the consolidation is not done yet and there is one possible down move pending.
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