MTF Stock Pick Buy JK Cement Ltd For Target Rs. 3399 - HDFC Securities
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MTF Stock Pick Buy JK Cement Ltd For Target Rs. 3399 .- HDFC Securities
TECHNICAL OBSERVATIONS
Symmetrical Triangle Breakout is seen on the Daily Chart
Stock has broken out from the consolidation, which held for last four weeks
Volumes have confirmed the breakout on the daily charts
Stock has been finding support on its 50 days EMA
Cement as a sector has resumed its uptrend
Indicators and oscillators have been showing strength in the current uptrend
Stock is placed above medium to long term moving averages, indicating bullish trend on all time frames
Buy JK Cement Ltd Up to 3 Months @ Average Level 2790 CMP 2928.90 TGT 3399 SL 2675
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