Setting up nicely (pole and pennant on daily). Target of 750 in short term
Jk Lakshmi poised very nice on charts. With monsoon coming to an end and the results of cement companies after capacity expansion. I think JK LAKSHMI Will give at least 30% returns from here. Inverted H&S 643 is the target
The stock is moving towards the oversold territory. The stock can be accumulated around 1950-1980 range for a 10% move on the upside!
The stock has been consolidating for a while now and also the vaccine favors the stock. Long entry for a target of 206 (short term), 345 for medium-term (3 months). Maintain an SL of 171 for short term.