The upmove in the stock of JK Lakshmi Cement is gaining momentum. The stock has surged over 7 per cent so far this week. Immediate support is at ₹915. Below that ₹875 is a much lower support. But the stock can sustain above ₹915 itself as fresh buyers can come into the market and limit the downside. Immediate resistance is at ₹980. A break above it can take JK Lakshmi Cement share price up to ₹1,050-1,060 in the coming weeks. Traders can buy JK Lakshmi Cement shares now at ₹953. Accumulate on dips at ₹935. Keep the stop-loss at ₹890. Trail the stop-loss up to ₹970 as soon as the stock goes up to ₹985. Move the stop-loss further up to ₹990 and ₹1,015 when the price touches ₹1,010 and ₹1,030 respectively. Exit the long positions at ₹1,050.
Video Credit: Businessline
Note: The recommendations are based on technical analysis. There is risk of loss in trading.
Published on July 2, 2025
