Tripple Bottom Pattern in NSE:JKCEMENT A triple bottom is a visual pattern that shows the buyers (bulls) taking control of the price action from the sellers (bears). A triple bottom is generally seen as three roughly equal lows bouncing off support followed by the price action breaching resistance.
there is a good consolidation period from march 23 to july 15 and there is a good break out with strong volume and wide range green candles. ABCD pattern which can give good risk to reward ration and if there are good buying conformation i would like to enter
CUP shapped pattern formed in JK cement. Target-3152
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.
JK Cement Ready For Break out Go long on Swing Trade
JKCEMENT formed symmetrical triangle and price is pushed to apex. Is it ready to go up!??
NSE:JKCEMENT HOLDING THE CHANNEL FOR GOODS , UPMOVE EXPECTED TOWARDS HIGH OF CHANNEL ,BULLISH BIAS , ROW RISK TRADE
buy at 1950-trgt=1=2038 trgt=2=2111 trgt=3=2235
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...
Setup looks ready for reversal.. Long trigger at 1920 with SL 1840.. T1 is ATH
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