JKPAPER Long Idea

JKPAPER looks forming Inverted H&S. Currently in right shoulder.

Pros
Good Risk:Reward pick.

Cons: It broke down parellel Channel which might be a downtrend in Daily chart atleast. So StopLoss to be followed.

Be Cautious:
Broader market is not participating in recent upside of market. So follow stock specific stoplosses.