Expecting a Bullish Move in JK PAPER

9 mar 2022

As per the 2 Hour Chart of JK PAPER, we have witnessed a Formation of a “Morning Star” Pattern on the downside levels.

Therefore, we are expecting to witness a bullish momentum in the stock in the upcoming trading sessions. Wherein it is being expected to face a resistance initially at around the levels of 228.20, 232.25, and 235.55. Whereas, on the other hand, on the downside levels, the stock may face a support at the level of 218.05, on closing basis.
Closing Price (as on 08.03.22) : 223.10


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9 mar 2022

Nota

JKPAPER has successfully reached its predicted 1st level of Resistance, reflecting an upmove of 2.29% approx.

9 mar 2022

Nota

JKPAPER has successfully reached its predicted 2nd level of Resistance also, thereby reflecting an upmove of 4.10% approx.

10 mar 2022

Nota

JKPAPER has successfully reached its Final predicted level of Resistance, thereby reflecting an upmove of 5.58% approx.