JK Cement looks StrongGiven a breakout of multi-week consolidation.
Looks good for the target of 3200, WITH LIMITED SL.
Not a recommendation, just a possibility!
JKCEMENT trade ideas
{JK CEMENTS}:{RISE OF 3% ALMOST THE END OF BUYING}.
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 the Quarterly Supply.
ENJOY THE RIDE ! ! !
(JKCEMENTS): {READY TO SHOOT ANOTHER 4%}
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!!!
jk cement updateStill 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 tradingJKCEMENT Sell for intraday trading if stock breaks the given support level........
JK CEMENT CROSS 200 EMA AND RETESTthanks for the support guys
if you have any questions ask in the comment
JK Cement about to breakout
Hight Tight flag
tight price action
Would watch the vol for first 30 mins of the trade
JKCEMENTNSE: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 Educational purpose!
JkcementConsolidation before breakout is happening
Keep watch over this
For a fixed target of 3050 in coming friday
ambuja, ultra tech, jk cementWave A developing in Abuja, and Wave B in ultra tech and jk cement. All three can be shorted. All the best Happy trading.
ROUND BOTTOM BREAKOUT...📈🚀Round bottom breakout....
breakout and retest of major marked support zone will give a good rally...🚀📈
Price not holding support? what to do? hindi last ek month se kisi bhi indices ne good perform nhi kiya hai. kaafi saare shares apne support ko bhi hold nhi kr paa rhe hai. for more info watch the video.
JK Cements | Long BuildUpHigher Delivery
Long Buildup
Stock Outperforming Benchmark Index
Short term target is the Horizontal line
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Descending Triangle PatternDescending Triangle Pattern is a Bearish Chart Pattern or Trend Continuation Pattern.
As you can see that the price is making lower highs which means Buyers are weak and downward momentum is building.
In most cases, this pattern indicates traders to make a short position.
But I am Suggesting Long position here as the Bullish Harami Pattern is observed at the support zone which is a Bullish reversal Pattern.
How to trade?
Enter the trade once the trend line breakout appears and retest is done.
Keep Stop Loss below the Support zone. If SL gets big then try keeping SL below recent Swing low.
One can Keep Target of 1:3 or near to the supply zone. OR as per your Appetite.
Note: I am not Sebi Registered Advisor or Technical Analyst. Consult your Advisor before Investing.
Long oppertunity in JKCEMENT1. Bounce back from trendline support
2. Bounce back from support zone
3. Short term trendline breakout
CMP : 3329 T1: 3570 T2: 3800 SL: 3100
JKCEMENT breaking outNSE:JKCEMENT is breaking out of consolidation with very good volumes. Good time to add to your existing positions. For fresh longs, you may want to wait for a pullback though it may never come.
15% move?IF JK Cements starts moving up the wedge targets can be achieved..the market has been choppy in last few sessions so let us see how it pans out, but let us be optimistic..Please trade with SL. This is an idea, not a recommendation
Tripple Bottom Pattern in JKCEMENTTripple 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.
JKCEMENTthere 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
