Stocks to Watch For Today From CapitalHeight

Stocks to Watch For Monday-CapitalHeight JK Laxshmi Cement Ltd. 

Stocks to Watch by CapitalHeight
Technical Analysis 
                           On the Hourly chart, JK Laxshmi cement ltd. is moving above the trend line. It issustainingnear the 348 resistance level with average volume and expecting it will give breakout from resistance level. The stock also showing breakout of rounding bottom chart pattern on Daily chart. The stock may be bought in the AROUND of Rs 350 for a target of Rs 360- 372, and a stop loss below Rs 342.
On hourly chart RSI also showing crossover on RSI indicator above 30 levels for more upside momentum. Stock showing move upside from the CCI indicator. On daily chart it shows flat momentumbut expecting,after breakout it will go it will go Rs 348.

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