raavigeorgian

Jubilant Ind - 4.5yr rounding bottom

Long
NSE:JUBLINDS   JUBILANT INDUSTRIE
The stock seems to be stable in a volatile market while completing a 3mth rounding bottom. Once the volatility settles, this is likely to give a rocket move.
Mcap ~ 500 Cr
D/E ~ 0.2

SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)

BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times. Try to buy between 3:15 - 3:30PM, later the better.

SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.

Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.

Note: I reserve the right to be wrong.

DISCLAIMER:
I am not a SEBI registered analyst. Please consult your financial advisor before investing.

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