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JKLAKSHMI

JKLAKSHMI can rise 25-30% from current levelsThis cement stock can be expected to move towards INR 1190 levels in wave iii of III. The stock has been maintaining its impulsive counts without much violations and is in very bullish structure. The stock was seen rising in a wave i of I from Sep-Dec 2023. Wave ii was a very shallow "FLAT"(labeled ABC) achieving a mere 23.6% retracement of the impulse, which is a sign of strength. The stock gained 5% on Thursday's session along with a 2month range breakout of price as well as a volume breakout. These signs add to the healthy uptrend continuing for the coming months as well in this stock making it a great pick in the cement space. On the down 880 will be a crucial support to rely upon.
NSE:JKLAKSHMILong
by neeraj_2_sharma
JKLAKSHMI - Stock AnalysisThe technical highlights for JK Lakshmi Cement Ltd. suggest a strong bullish sentiment and positive momentum. Here's a summary of the key signals: Price Volume: Bullish - The recent sessions show rising prices with increasing trading volume, indicating strong buying interest. High-Low: Strong Bullish - The stock is near a six-month high and has a strong uptrend, indicating positive price momentum. Donchian Band: Strong Bullish - The stock is trending up nicely with consecutive new highs, reinforcing a strong bullish trend. Bollinger Bands: Strong Bullish - There's a positive breakout in the Bollinger Bands, suggesting the potential for further upward movement in the stock's price. Candlestick / Heikin Ashi Patterns: - Daily: Bullish - A bullish continuation Heikin Ashi pattern has formed, supporting the bullish sentiment. - Weekly: Bullish - A bullish initiation Heikin Ashi pattern on the weekly chart reinforces the bullish outlook. - Monthly: Bullish - A bullish initiation Heikin Ashi pattern on the monthly chart indicates a positive start to the month. These technical signals indicate a robust bullish outlook for JK Lakshmi Cement Ltd., with strong buying interest, positive price momentum, and potential for further price increases. As with any investment decision, it's essential to conduct a thorough analysis, consider other factors, and manage risk appropriately.
NSE:JKLAKSHMILong
by ruelfernandes
LOOKING FOR 23 PERCENT OF ROI FROM TOP CEMENT COMPANY JK Lakshmi Cement share with a current price of 617: * **Company overview:** JK Lakshmi Cement is a leading cement manufacturer in NSE:JKLAKSHMI India. The company has a strong brand presence and a wide distribution network. It also has a captive limestone mine, which gives it a cost advantage. * **Current valuation:** The current price of JK Lakshmi Cement is 617. This is below the consensus price target of 740.60. This suggests that the stock is undervalued. * **Fundamentals:** The fundamentals of JK Lakshmi Cement are strong. The company is expected to grow its revenue and earnings in the coming quarters. It is also well-positioned to benefit from the rising demand for cement in India. * **Risks:** The main risks to JK Lakshmi Cement are a slowdown in the Indian economy and a rise in input costs. However, these risks are mitigated by the company's strong brand presence and its captive limestone mine. Overall, I believe that JK Lakshmi Cement is a good buy at the current price. The stock is undervalued and the fundamentals are strong. I would recommend investors to buy the stock and hold it for the long term. Here are some other factors to consider before making a decision: * Your investment goals and risk tolerance. * The overall market conditions. * Your current portfolio allocation.
NSE:JKLAKSHMILong
by EasyLife_Advisor
JK LAKSHMI CEMENT:Cement sector stock-4Sl-370 Stocks for the week-4 Hello everyone, this week we are going to invest in many different sectors. One of which is CEMENT SECTOR(from infrastructure sector). I will be posting best stocks of cement sector and the % allocation that stock should take in your portfolio. STOCKS ALLOCATIONS Stock 1: AMBUJA CEMENTS LTD 25% Stock 2: ACC LTD 15% Stock 3: INDIA CEMENTS 15% Stock 4: JK LAKSHMI CEMENT 15% Stock 5: SANGHI INDUSTRIES 10% Stock 6: GUJARAT SIDHEE CEM 15% Stock 7: BURNPUR CEMENT LTD 5% (penny stock) So folks feel free to DM or comment.
NSE:JKLAKSHMILong
by AmateurTrader100