JKIL potential breakout Strong prior buying force/uptrend.
Trading in a narrow/tight range.
Low risk entry point.
Volume contraction.
JKIL trade ideas
Ascending triangle on JKILJKIL formed an ascending triangle pattern on daily chart. There was huge volume on the day of breakout indicating bulls out there. Moreover, on the sell off day the volume was low indicating sellers are not willing to sell at lower price. Note the hammer formation yesterday indicating strong buying pressure at these level. One can have stop loss just below yesterdays low and target the width of the triangle. Entry can just above yesterdays high offering an ideal risk reward of 1:2.
Hope you like this idea. If so, please boost this idea or leave a comment below on what you think. Otherwise, happy trading :-).
JKIL - Bullish setupStock name - J Kumar Infraprojects Limited.
Weekly chart setup
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Master Score - B
Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am not SEBI registered. please consult your financial advisor before taking any trade.
ATH and Trend Breakoutthe stock made an all-time high after 8 years and a trend breakout with decent volume, the order books have crossed more than 4x of the market capital.
good to add to watchlist.
FRESH BREAKOUT ON JKIL A fresh breakout on the JAIKUMAR CONSTRUCTION LTD ON Monthly chart.Keep your eyes for tgts of 550,650,750 in short, medium and long term
JKIL looks bullish JKIL looks bullish on monthly and weekly time frames. It's been making cup and handle patterns. It almost broke the neckline with volume. If it breaks the current level & retraces the breaking line with significant volume, we may see 600 above levels in a couple of years.
Good for investment purposes
JKIL NSE BULLISHVIEW ABOVE 311 CMP 315JKIL NSE is bullish if 311 holds. NEW 52 WEEK High. Fresh Breakout. Positive Trend.
Disclaimer: Educational Purpose Only. Not Buy Sell Reco . Not Sebi Registered.
Cup and handleVCP characteristics
Strong RS, Relative strength line new highs.
Trading above key moving averages
Pivot of 304 bought at 302.5. Broke out pivot with good volumes.
Stop at days low
Testing with position size 10% as smallcap index has broke out of its consolidation and above 21 EMA.
Not an investment/trading advise. Publishing for my own reference.
JKIL J Kumar Infraprojec Nse BULLISHVIEW ABOVE 300 CMP 309JKIL J Kumar Infraprojec Nse is Bullish If 300 holds. New 52-Week High. Positive Trend. Fresh Breakout.
Disclaimer: Educational purpose only. Not Buy/Sell Reco. Not SEBI Registered.
Jkil strength to go 400 positionally Long consolidation
Coming out of resistance
Positive Ema cross
Positive rsi
Good Q3 Result with breakout in Weekly chartsFundamentals:
J Kumar - Into Metro Infra Projects has come up with good Q3 Result
QoQ EPS up 40% TTM EPS back to pre-covid levels
Technicals:
Weekly RSI above 55
MACD crossover with multiple resistance breakout
Intraday opportunityLooks good to buy between 187.5 - 189. Can expect T 3 if T 2 is achieved before 11 or 11:30 am.
Happy trading 👍
J K infra projects - Bullish view - expecting price to move 300This stock form symmetrical triangle in daily time frame and volume increase today.further it may move up to 300.
Long setup in JK InfraThe chart has jumped above the bottom formed near 70 and consolidating in range of 160 to 190, look set to move higher in long term with probable first target of 300 and stop loss 160.
Disclaimer: The stock/index/currency discussed do not constitute Investment/trading advise and is merely an effort towards enhancing learning, knowledge and book keeping. Kindly do your own due diligence and/or consult investment advisor before making any investment/trading decisions
JKILJKIL - Volume Breakout
These idea's are not my recommendation. Do your own analysis before making any trade based on this idea.
#JKIL #BANKNIFTY #NIFTY #NSE #TRADING #COVID19 #INVEST #TRADE#JKIL
J Kumar Infraprojects Ltd.
CMP: 117.10
Buy @ 106-108
Target: 131 / 171
SL: 103
If you like my work, kindly LIKE SHARE & FOLLOW for latest stock recommendations. :)
LONGNOW EXPECTED PRICE REVERSAL IN J.KUMAR INFRAPROJECTS LTD
164 IS A BIG HURDLE AS SOON AS IT BREAK THIS LEVEL STOCK WILL BOOM.
BIG NEWS IS THAT HDFC MUTUAL FUND BUY THIS STOCK (IN BULK) AT THE PRICE OF 150.50 QUANTITY 1035000 SHARES
MUST TAKE ADVICE WITH PROFESSIONALS
