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.
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Good level to add shares for traders cmp 98.
Comments
UnknownUnicorn646072
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it was not a bullish flag
RakeshShah
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gr8..coming out of long long consolidation..tgts seems achievable in short term
aks85
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Yes, this week it has shown good momentum as can be seen by a nice big green candle. Mostly, it should continue its upward move and reach the above levels. Thanks.