JK Paper Breakout Above 200-DMA | Bullish Momentum with Volume

📌 **Stock:** JK Paper Ltd
🕒 **Timeframe:** Daily Chart
📈 **Pattern:** Price breakout above 200-DMA with volume confirmation

JK Paper has shown a strong bullish breakout above the 200-DMA for the first time in months. The breakout candle is supported by a sharp rise in volume. RSI is also trending above 60, indicating strong bullish momentum.

📍 **Entry Zone:** Above ₹396
🔻 **Support Levels:** ₹360 / ₹320

🎯 **Trade Plan:**
If the stock sustains above ₹396, we can expect further upside. Traders may look for a retest near the breakout level before fresh entry. Risk management is crucial.

⚠️ **Disclaimer:**
I am not a SEBI registered advisor. This analysis is shared only for educational and informational purposes. Please do your own research or consult a certified professional before making investment decisions.