JKPAPER
JK PAPER - My observation & overview! - 30% upside!!!Overview & Observation:
1. Moving with Weekly Demand.
2. Good volume support.
3. Strong trendline support
4. Healthy breakout candle.
Trade Plan:
1. It is already close to targets for the structure it gave BO.
2. Either wait for a retracement for buying or ride the trend with an aggressive entry at CMP with 10% as a safe SL.
- Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
JKPAPERATH Breakout .
Good Volume Buildup.
Above all Key EMA.
Good for Short Term.
Do Like ,Comment , Follow for regular Updates...
Keep Learning ,Keep Earning...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
JK Paper in the Buying ZoneJK Paper is in the buying zone after 2020 fall. Divergence in the buying zone is fairly noticeable.
I will buy 1% of my capital (Rs 10,0000) for a longterm view.
Buy Price: 321
Qty 31
Horizon 1-2 years
SL - Will only protect profits at a later stage
Disclaimer: Please do not follow my trades blindly. This is not a financial advise
JK PAPER Conditional Buy IdeaAs per my analysis, NSE:JKPAPER is trying give a pullback. My idea is to take buy entry at 329-330 when any 15min will closed above level of 328.75. Stop will be 318 (-11 Points Risk). My expected upside target would be 344 (+15) & 354 (+25).
Note: This is my personal analysis, only to learn stock market behavior. Thanks.
#HUHTAMAKI #STARPAPER #ANDHRAPAP #JKPAPER #ASTRON #ITC ballarpur#HUHTAMAKI
NSE: HUHTAMAKI
CMP: 220
TP: 285
SL: 185
TF: <6m
RR ~ 2 times
Return > 27%
ORIENTPPR STARPAPER ANDHRAPAP JKPAPER BALKRISHNA WSTCSTPAPR BALLARPUR ITC GENUSPAPER PDMJEPAPER RUCHIRA MALUPAPER EMAMIPAP ASTRON
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
Buy JK PaperJK Paper broke out of a declining channel on 17th Jan 22.
Post that there was a throwback, after which it has made a fresh 55-day high
This signals a resumption of the primary trend
Chaikin Oscillator is also above zero and pointing up
Bollinger Bands beginning to expand outward
Daily RSI at ~67
Recent MACD +ve Crossover on Daily charts
Targets will be 285 - 342 - 378
Stoplosses to be set as per risk appetite. I recommend using 2x ATR multiple
*********************************************************************************************
DISCLAIMER: I am not a SEBI registered investment advisor.
This content is for educational purposes only.
Invest capital at your own risk only after doing your own due diligence
*********************************************************************************************