JKCEMENT - Technical Analysis

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

Technical Rating: 4.3

Here’s a breakdown of JKCEMENT’s technical setup and short-term outlook

📊 Trend Analysis

Current Trend: Uptrend with signs of consolidation

Price Action: Trading near its 52-week high (₹6,690), indicating strength but also potential resistance.

DMA Positioning

Price is above both 50 DMA (₹6,048) and 200 DMA (₹5,185) — bullish signal.

The gap between price and moving averages suggests momentum but also overextension.

📈 Momentum Indicators

RSI (60.1): Bullish zone (55–75 range)

1

, but not yet overbought — room for upside.

MACD (148): Positive and rising — confirms bullish momentum.

Volume: Slightly below 1-week average, suggesting mild consolidation or profit booking.

📉 Volatility & Bands

Bollinger Bands: Price likely near upper band given proximity to 52-week high — watch for volatility spikes or pullbacks.

Beta (0.8): Low volatility stock — suitable for steady accumulation.

📌 Support & Resistance Zones

Level Price (₹)

Immediate Support 6,492 (Pivot)

1

Strong Support 6,048 (50 DMA)

Resistance 1 6,563 (R1)

1

Resistance 2 6,616 (R2)

1

Resistance 3 6,687 (R3)

1

🎯 Entry & Exit Zones

Optimal Entry: ₹6,050–₹6,150 (near 50 DMA or minor pullback)

Exit / Profit Booking: ₹6,650–₹6,690 (near resistance and 52-week high)

🔍 Short-Term Signals

Momentum: Positive, but slowing — watch for breakout or reversal near resistance.

Trendline: Holding above key trendline support; no breakdown signs yet.

Consolidation: Mild — price hovering near highs with lower volume.

Would you like a comparison with peers or a deeper dive into its fundamentals vs technicals?

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