Garey_Singh

JK Paper Ltd. - INVESTMENT - WHEN TO BUY??

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NSE:JKPAPER   JK PAPER LTD
JK Paper Ltd. - WHEN TO BUY?

As of now price showing indecision as per the Doji pattern.

It is clearly maintaining weakness and it may extend further down if the price again breaks down (85 - 50% Fib Level) on the lower side. We might see it reaching down to 79 (61.8%) or even 71 (78.6%). You might start buying at 79 and keep adding more quantities on the dips till 71.

On the higher side 90 - 92.40 - 93 - 100 are resistances.

KEEP AN EYE!!

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Garey
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