J&K Bank – Structure Intact, Hold Position

Breaks Out with 4.5% Surge — Holding with Momentum As Said Earlier Post the PSU bank is Something Looks Strong to me , Check out the Rally In All Bank What i have Suggested IDBI Bank , Central Bank & J&K Bank Today’s High: ₹116.40 — stock gave a clean breakout above previous highs with strong bullish candle. Gain: Approx. +4.57% intraday gain captured from breakout point. Trend: Short-term structure remains bullish with higher highs and higher lows forming since ₹96–₹98 base. Support Zone: ₹110–₹112 Resistance Zone: ₹118–₹120 (next hurdle) Position Status: HOLD Structure: Intact and strong Watch for: Sustained move above ₹116.50–₹117 with volume for further upside Invalidation Below: ₹110 (any close below this can weaken the trend) J&K Bank shows strong breakout structure with good volume. Traders should hold with a trailing stop-loss approach. Momentum continuation looks possible as long as ₹110–112 support is respected.