JK LAKSHMI CEMENT LTD
Long

JK Lakshmi Cement's price has bounced back from the weekly DZ

139
JK Lakshmi Cement's price has bounced back from the weekly demand zone (DZ), making it look like a good buying opportunity at the current market price. The last time the price touched this zone, it reached a new higher high

Key Concepts:
  • Demand Zone (DZ): A price range where buying interest is strong enough to prevent the price from falling further. This is often seen as a support area.
  • Bounce Back: When the price moves up after hitting a support level.
  • Higher High: A new peak in the price, higher than the previous peak, indicating an uptrend.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.