champtrade111

JAI CORP LTD --- TRENDLINE BREAKOUT

Long
NSE:JAICORPLTD   JAI CORP LTD
JAI CORP LTD- DAILY CHART -- TRENDLINE BREAKOUT

1. Daily chart seen trendline breakout of last daily candle with increase in huge volume and strong bullish breakout candle

2. Downtrend has seen trend reversal around 95 level where double bottom formation seen

3. stock has 44 HULL moving avg support at last daily breakout candle

4. RSI seen bullish crossover moving up from oversold level currently 55 level

5. BUY between 115-118 target 125-135-150 ( 1-3 month ) stop loss 99 level


** THIS IDEA IS FOR EDUCATIONAL PIRPOSE ** TRADE AT OWN RISK !!

HAPPY TRADING .!!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.