Jain Irrigation- Symmetrical Triangle Breakout- Buy Setup
As seen Jain Irrigation has broken out of symmetrical triangle with volumes on the daily chart a few days back. The stock has the potential to move higher and test its intermediate highs.
Conservative traders can wait for a pullback to enter, in order to have a better risk reward.
Target: 107, 120
Exit Levels: 91.90
CMP: 101.50
Conservative traders can wait for a pullback to enter, in order to have a better risk reward.
Target: 107, 120
Exit Levels: 91.90
CMP: 101.50
Note
First target met today.
Related publications
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.
Related publications
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.