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JUBILANT INGREVIA LTD
Long
Updated

Cup & Handle formation with 3 yrs of Weekly Breakout in Jubilant

584
JUBLINGREA Cup & Handle has formed in the weekly timeframe. Aim for 450-500 points upwards target for a long-term view of 1.5-2 yrs. It had tried to break the ATH in sept but failed to do so.
Put a Stop loss at swing low for a good Risk Reward Ratio.
This can be a strong breakout of over 3 years, so the trade conviction is higher.
Trade active
Buy entry triggred
Saket_Ojha
Also on:
alltimehighbreakoutbreakoutChart PatternscupandhandlepatternTechnical IndicatorsjubilantingreviaTrend Analysis

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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.
alltimehighbreakoutbreakoutChart PatternscupandhandlepatternTechnical IndicatorsjubilantingreviaTrend Analysis
Saket_Ojha
Also on:

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.