Fibonacci in Action – A Lesson from J.K. Cement

Fibonacci retracement is one of the simplest yet most consistent tools for studying how markets correct within trends.
To understand it better, here’s a clean example from J.K. Cement.

After a strong uptrend from the March 2025 swing low to ₹7,565, the stock began to retrace. Notice how price behavior respected the Fibonacci structure:

• It bounced from the 0.382 level, illustrating a temporary reaction point.
  
• Later, it faced resistance near 0.236, where rallies often stall during corrective phases.
  
• The 0.5 retracement zone now serves as a classic testing ground that often helps define trend continuation or deeper correction.
  

Even the RSI pattern offers insight — price forms a higher low while RSI makes a lower low, a textbook positive reversal setup that often aligns with trend studies.

The purpose of this example isn’t prediction, but to show how Fibonacci ratios and RSI behavior interact — highlighting rhythm, structure, and market psychology in motion.

Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.