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barefootTrades

JK Lakshmi Cement - long term bullish

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JK LAKSHMI CEMENT (NSE:JKLAKSHMI)  
barefootTrades  
NSE:JKLAKSHMI   JK LAKSHMI CEMENT
Elliott Wave Fibonacci Parallel Channel JKLAKSHMI jklakshmicement cementsector cementstock cement cementcompanies
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elliottwaves fibonacci parallelchannel jklakshmi jklakshmicement cementsector cementstock cement cementcompanies
Stock seems to be getting ready a move higher in wave (iii) of 3 (the most powerful move).
Currently the correction in wave (ii) might have been completed as shown on the chart or could make a lower low to complete the correction.
Break of wave x at 850 would add more confidence to this idea.
Regardless of the shorter time frame, the stock seems to be getting ready to move up in long term.

Thanks for reading!

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