JKCEMENT - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

📊 Intraday Trade Rating for JKCEMENT: 4.2

JK Cement Ltd shows promising short-term momentum, but not without caution. Here's a breakdown of its intraday potential

✅ Why It’s a Good Intraday Candidate

Momentum Indicators: RSI at 60.1 suggests bullish strength without being overbought. MACD at 148 shows upward momentum.

Price Action: Trading near its 52-week high (₹6,690), with a strong uptrend above both 50-DMA and 200-DMA.

Volume: Slightly below average, but still healthy enough to support intraday moves.

FII Interest: Positive change (+1.42%) indicates institutional confidence.

💰 Optimal Buy Price (Today’s Session)

Buy Zone: ₹6,526–₹6,602

If price dips near ₹6,526 (support), consider entering.

If price breaks above ₹6,689 with volume confirmation, consider breakout entry.

🎯 Exit Levels

Scenario Target Price Stop Loss

Pullback Entry ₹6,602 ₹6,490

Breakout Entry ₹6,765 ₹6,689

📈 Already Holding? When to Exit

Watch RSI: If RSI crosses 70, consider booking profits.

Volume Spike + Price Reversal: If volume surges but price stalls or reverses near ₹6,765, exit to lock gains.

MACD Divergence: If MACD flattens or crosses below signal line, momentum may fade—exit advised.

Would you like a watchlist of similar cement stocks with intraday potential? Or maybe a quick chart setup guide for your next trade?

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