Key Zones Supply Zone (Resistance) represented by the Red Box. The price has shown a clear rejection in this zone multiple times, indicating strong selling pressure. Demand Zone (Support) represented by the Green Box. Historically, this zone has acted as a strong support, suggesting buying interest in this area. Patterns and Trendlines RSI (Relative Strength...
price moved up to new all time highs suggesting an impulsive move to be seen in the coming months. Also the count is a very premature one as the price can get as bullish as it could. Not much to update as of now, shall update as the chart develops. Thanks for reading!
The 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,...
JK Lakshmi has good volume to break the ascending triangle range. indication are 1. strong candle in weekly 2. JK lakshmi broke 686 on BSE in close 3. buyers has good volume
Stock seems to be getting ready a move higher in wave (iii) of 3 (the most powerful move). Currently the correction in wave (ii) might have been completed as shown on the chart or could make a lower low to complete the correction. Break of wave x at 850 would add more confidence to this idea. Regardless of the shorter time frame, the stock seems to be getting...
NSE: JKLAKSHMI is closing with a bullish swing reversal candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain on...
JK CEMENT day chart it is near at support zone can bounce from the support zone of 750 level. if price comes to this level and hold and trying to give upside then can enter with a very small stoploss. or if it breaks this support then also can enter in downside with a small stop loss.
JK Lakshmi Cement 1 day chart for Resistance is 680 and strong support is 530
JK Lakshmi breakout and sustain above it Making higher high and lower low and following trend line On Monday it can test 450. try to make position at 455 with SL as 445 on closing basis