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champtrade111
Jun 29, 2022 12:59 PM

JAI CORP LTD --- TRENDLINE BREAKOUT  Long

JAI CORP LTDNSE

Description

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


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