JK Lakshmi Cement: Déjà Vu Breakout or Just Another Cycle?

1️⃣ Historical Rhythm Price has repeatedly formed falling wedge → OBV/RSI divergence → breakout. This is the third identical setup since 2022 — a strong technical repetition. 2️⃣ Breakout in Motion Current breakout mirrors past moves, with a sharp rise above ₹805 post compression. Weekly RSI again tags overbought zone, just like previous breakouts. 3️⃣ What to Watch Sustaining above ₹980–1,000 zone could trigger momentum extension. Weakness only below ₹805; prior breakouts saw 15–20% follow-through. 4️⃣ Market Memory Matters Repeating behavioral patterns highlight institutional accumulation. Keep eyes on volume confirmation + price action above ₹1,000 psychological zone. 📢 Disclaimer: For informational purposes only. Not a buy/sell recommendation. Positions may or may not be held. 🧑‍💼 Rajneesh Sharma is a SEBI-registered Research Analyst (INH000020332). 📄 Investments are subject to market risks. Read all related documents carefully.