Visionary_Growth_Insights

SWING IDEA - JKLAKSHMI CEMENT

Lång
NSE:JKLAKSHMI   JK LAKSHMI CEMENT
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
Kommentera:
price made a high of 12%+, we can hold for our targets.
Trade stängt: Stopp nått:
-11.5%
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.