JK lakshmi cement has crossed the Trendline and looks good to long here. Should move according to the resistances drawn on the chart, T1:697, T2:721, T3:746. I am not a sebi registered trader and the analysis is Purely mine. Please follow a strict stop loss of 620.
lo,it did not go to t1,do you think its testing its support at 630..please comment
Ankit-Agrawal
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@Lathashakthi, it looks like a pullback and could be a formation of inverted head and shoulders pattern on a daily timeframe if it bounces back from here, will have to see Monday's session for the confirmation.