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Vimal K

11th Jul · SEBI-Registered Analyst

Jammu & Kashmir Bank Ltd - STOCK TO KEEP ON RADAR

Jammu & Kashmir Bank Ltd - J&K Bank cleared its long-standing descending trendline, securing a spot comfortably above its 100-day and 200-day EMAs. The 20-day EMA is currently tilting sharply upward, setting the foundation for a structural "Golden Crossover" if momentum sustains. A fresh MACD bullish crossover has triggered just above the zero-centerline line. This pattern is historically considered highly reliable as it confirms the resumption of a long-term macro uptrend. Daily RSI above 80 levels suggests a strong bullish uptrend and Average Directional Index (ADX) is rising past 25, proving that the newborn uptrend is gaining directional strength.

J&KBANK

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