Inizia
JK LAKSHMI CEMENT LTD
Long
Aggiornato

SWING IDEA - JKLAKSHMI CEMENT

571
JK Lakshmi Cement, a key player in the cement industry, is currently exhibiting compelling signals that shouldn't be overlooked. In conclusion, stock's technical landscape is painting a promising picture for prospective investors.

Reasons are listed below :
  • The stock has undergone multiple tests at the critical 890 levels, showcasing resilience and now displaying a promising attempt to break through.
  • Over the past 7 weeks, stock has demonstrated robust consolidation at its all-time high, indicating a solid foundation for potential upward movement.
  • A clear bullish trend is evident as the stock continues to establish higher highs, signifying positive momentum and growing investor confidence.
  • The stock is currently trading above both the 50-day and 200-day EMAs, affirming the continuity of the prevailing uptrend.


Target - 1069 // 1158
Stoploss - weekly close below 819
Nota
price made a high of 12%+, we can hold for our targets.
Trade chiuso: stop raggiunto
-11.5%
Visionary_Growth_Insights
alltimehighbuyzoneChart PatternsEquityindianstocksTechnical IndicatorsjklakshmicementnseindiapriceactionswingtradingTechnical AnalysisTrend Analysis

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alltimehighbuyzoneChart PatternsEquityindianstocksTechnical IndicatorsjklakshmicementnseindiapriceactionswingtradingTechnical AnalysisTrend Analysis
Visionary_Growth_Insights

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.