Jain Irrigation has formed a Flag Pattern. It has given a breakout on weekly chart with volumes, indicating a continuation of the upward trend.
Aggressive traders can enter by end of the day if the breakout sustains. Whereas , more conservative traders can wait for a small pullback and enter during the next week to manage their risk and get a even better risk reward.
Aggressive traders can enter by end of the day if the breakout sustains. Whereas , more conservative traders can wait for a small pullback and enter during the next week to manage their risk and get a even better risk reward.
Comment:
Good level to add shares for traders cmp 98.