Varthagam-Seivom

JAICORP BULLISH MOVE

Long
NSE:JAICORPLTD   JAI CORP LTD
Hi Jai Corp is currently finished its triangle breakout.

It is expected to retest the resistance and rally towards 168.

Entry between 134 - 140

Target 170

Stop Loss - 126

SWOT Analysis
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STRENGTH :
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Company with high TTM EPS Growth
Good quarterly growth in the recent results
Growth in Net Profit with increasing Profit Margin (QoQ)
Company with Low Debt
Increasing Revenue every quarter for the past 3 quarters
Annual Net Profits improving for last 2 years
Company with Zero Promoter Pledge
Strong Momentum: Price above short, medium and long term moving averages

WEAKNESS :
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No Weakness

Opportunity :
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Positive Breakout Third Resistance ( LTP > R3)
RSI indicating price strength
High Volume, High Gain

THREATS:
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No Threats

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