Breaking out from Accumulation?Jash Engineering Ltd #JASH CMP 1880 Support Zone - 1770, 1660 Targets - 1900,2200by jayaprakash990
Jash Engineering Limited JASH:- The stock is consolidating in a small range since last 6 months, if there is a breakout, there is a possibility of upside move, keep an eye Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful trades based on price action. Thanks, Ajay. keep learning and keep earning. Longby AjayDhakad_Keep_it_simple0
Jash Engineering LimitedJASH:- The stock has tested the resistance many times and has also given breakouts. Keep your eye on it. Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful trades based on price action. Thanks, Ajay. keep learning and keep earning.Longby AjayDhakad_Keep_it_simple1
JASH: Inverse H&S Continuation Inverse Head and Shoulders Continuation: This pattern forms in an extensive upside rally. It consists of a left shoulder, a head, and a right shoulder. At the end of the left shoulder, a minor correction takes place on the upside which happens on the low volumes comparatively the starting of the left shoulder. After this again a down move can be seen on large volumes forming a head having its bottom is below the left shoulder following an upmove correction on lower volumes & completing the head. The completion of the head must be above the top of the left shoulder. If the prices rise above the top of the left shoulder then too this pattern remains intact. In the end, the right shoulder is formed usually on smaller volumes comparatively the previous two rallies. Now if you connect the tops of the left shoulder, head & the right shoulder there will be a formation of the ‘Neckline‘. This line will act as a decision line. If the prices break this neckline & give closing above the line, this will be the confirmation of the breakout of the Inverse head and shoulders pattern. However, it has been noticed that after breaking of the neckline the prices again attracted towards this neckline. We say this phenomenon as a retest of the neckline which will add some more confidence while trading this pattern. After retesting if the prices again start rising, this will be the final confirmation of the up move as shown above. The bookish target of this pattern is taken as the vertical price range from the bottom of the head to the neckline & the bookish Stop loss should be the bottom of the right shoulder. However this stop loss can be big, so it is advised to keep a stop loss of 4-5% of the price range below the neckline. TRADING STRATEGY: Buy on cmp add on dips & look for the target of 945 and above in the coming weeks. Maintain SL of 665Longby TradingSutra9
Expecting Breakout ✌✌✌This scrip is expected to give breakout in the coming days. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏Longby DY9772112
JASH readyfor upgearJash above 708 opens a MCB with BT & WB for higher targets SL can be 634Longby thinkequity111
Bullish Saucer breakout in JashA good bullish saucer pattern breakout has been completed on weekly chart of Jash. This breakout also has volume confirmation. CMP: 689 Good range to accumulate: 550 to 650 Targets: 830, 950 Stoploss: 430 Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.Longby kathanthakkar4031
Jash Agreement Sign Up with German Company & Breakout 1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price) 4. Sell on initial stop loss hit or daily RSI closing below 40 5. Some other ways to sell stocks can be a. 25% or 50% up in three weeks or less b. Weekly tailing tops with high volume c. Exhaustion gaps d. Heavy daily volume without further upside e. Largest one day price drop After a consolidation since June 2021, NSE:JASH has given a high volume breakout today after an agreement sign up with German company Invent Umwelt & Verfahrenstechnik AG. The company has registered TTM sales growth of 31% and TTM profit growth of 92% in the December quarter. It is a buy with a stop at Rs.535. other fundamentals: 1.JASH has signed an agreement with Invent Umwelt & Verfahrenstechnik AG, Germany for manufacturing of agitators, mixers and aeration equipment. Invent Umwelt & Verfahrenstechnik AG is industrial leader in this segment worldwide and the objective of the cooperation is to make Jash-Invent brand under which these products will be sold in India. The training and development for this product will be done during the first half of the year and the products will be launched in the second half of this financial year. 2. Jash Engineering Limited is manufacturing a wide range of equipment for Water Intake Systems, Water and Waste Water Pumping Stations and Treatment Plants, Storm Water Pumping Stations, Water Transmission Lines, Power, Steel, Cement, Paper & Pulp, Petrochemicals, Chemical, Fertilizers, and other process plants. Jash offers a single-stop solution under one roof including Design, Casting, Fabrication, Assembly & Testing, and provides the most varied range of these products in the largest possible sizes. Jash is today an industry leader in India for most of these products and also exports these products to over 45 countries worldwide. 3. Company has delivered good profit growth of 33.16% CAGR over last 5 years.Longby akashbothraUpdated 1
Jash is finally getting out of the consolidationJash appears to have sprung out of a short term consolidation, one may observe it as a continuation H&S with final target of 665, keep in ind resistance at previous high of 628... an aggresive stop loss may be placed at yesterdays high level of 510 as that would mean the gap closure and could lead to a thrust failureLongby Rocky_ChowUpdated 0
Jash engineeringJash engineering CMP: 513 sl: 420(wcb) target: 625/750/ 840 Note: educational postLongby vijay2310840
Buy JASH ENGINEERINGAccording to chart anylasis its break darvas box. So buy @525 or above for target 540++ then 550++Longby babupagal0
Trndline brkout with retracement 200 DMA Support and Demand zoneJASH ENGINEERING bouncing from demand zone + taking support from 200DMA + Trendline breakout and re test. Good risk reward for swing trading ( 1:3) Longby charanreddy626Updated 1
JASH ENG CONTINUATION PATTERN AND FIBO RETRACEMENT Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions... 4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks... Keep an eye ladies and gentlemen. Cheers and Happy TradingLongby SENSITRADE_T0
Expecting Breakout ✌✌✌This scrip is expected to give breakout in the coming days. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏Longby DY97722
28% Target in JASH | Swing TradeWonderful price consolidation inside the channel Flag Pole Pattern Reasons to trade - 1. Prior Price Consolidation 2. Breakout of the trendline 3. Supply Demand Conversion 4. Breakout with volume 5. 50 EMA breakout and support 6. Good Volume 7. RSI above the MA Please hit the like button this really motivates me to make more such analysis. Hit Follow to get regular notifications of my analysis. The Rich Trader Rohit Sharma MTech IIT GuwahatiLongby The_Rich_Trader_TRTUpdated 117
JASH, READY FOR BREAKOUT#JASH #JASHENGINEERING Jash engineering on weekly and daily charts. Have bounced from important fib levels On daily charts. It is ready to break and important resistance zone. Wait for clean breakout to have long position. #vrby VR46_TheDoctor1
JASHBeautiful channel breakout chart Company fundamentals also good Stay long for long returnsLongby amey_555Updated 1
Jash EngineeringConsolidation breakout in form of Wedge. Good volume indicates bullishness, Indicators indicating bullish movement continuation. Expect target till 368/-by AuromaUpdated 330
Ready to breaka double bottom base of 5 weeks. its a 2nd stage base so buyable. you can call - undercut and rally or wyckoff's spring its near all time high.Longby Neel300