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
Comment:
First target met today.
