avinashsawant

005 Jagran Prakashan share Investment Strategy

Long
NSE:JAGRAN   JAGRAN PRAKASHAN L
Monthly: Bottom Formed at the supporting price 36, Nearly 9 months rage bound between 45 to 35 value. The consolidation formation breakout is on 1st March Candle Closure above 45. It continued fast to near resistance 51 and then reached to 64 Value.
Weekly: Like to continue the bullish trend to near term resistance of ~ 75 and then next target is ~ 127
Daily: Wait for the pull back (profit booking) and enter when there is bullish pattern formation on Daily or H4 chart .. with a stick stop loss @ 49

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