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gmaster29

JK Lakshmi Cement - Bull Flag Pattern

JK LAKSHMI CEMENT (NSE:JKLAKSHMI)  
gmaster29 Aggiornato   
NSE:JKLAKSHMI   JK LAKSHMI CEMENT
Trend Analysis indianstocks
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trendanalysis indianstocks
Inside bull flag, short term bearish, might retest the bottom trendline. For bullish trend, it needs to take out 690 levels for consecutive 2-3 candles.
Commento:
It recently kissed the upper trend line and pulled back. Expect it to pull back further and test the strong support levels at 558. This stock had a good run and is consolidating, short term it's looking bearish. It's healthy for long term bull trend.
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