Jupiter Wagons Ltd forms bullish "Continuation Wedge"
"Continuation Wedge (Bullish)" chart pattern formed on Jupiter Wagons Ltd (
JWL
).
This bullish signal indicates that the stock price may rise from the close of 309.50 to the range of 348-380.
The pattern formed over 37 days which is roughly the period of time in which the target price range may be achieved.
PLEASE NOTE THAT:
JWL
). This bullish signal indicates that the stock price may rise from the close of 309.50 to the range of 348-380.
The pattern formed over 37 days which is roughly the period of time in which the target price range may be achieved.
PLEASE NOTE THAT:
- This chart analysis is only for reference purpose.
- This is not buying or selling recommendations.
- I am not SEBI registered.
- Please consult your financial advisor before taking any trade
Comment:
EDUCATIONAL TARGET 1 DONE!
Trade closed: target reached:
EDUCATIONAL TARGET 2 DONE!