viki9

Jubilant Ingerva expecting some major move

Long
NSE:JUBLINGREA   JUBILANT INGREVIA LTD
Jubilant Ingerva expecting some major move.

It has been on the down since long and seems to be in accumulation phase in recent past. Has shown 2 indication to break the current resistance of 513. If this level is broken and sustained with good volume then might see some move with the levels of 538-585-609-658-708 all based on volume. It's base levels are at 461-420 with strong base at 294 levels.

No recommendations, just my view based on chart pattern.
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