Weekly channel breakout..
Can be bought at cmp or near 187..
Tgts are 250-300-350++
SL below 150 weekly candle closing basis
*For educational purpose only
1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss/(Buy Price-Initial Stop Loss Price)
4. Sell on initial stop loss hit or close below daily supertrend (for short term traders) or close below weekly supertrend (for long term investors)
After a TTM sales and profit growth of 24% and 83%...
This is follow-up on Jagsonpal Pharmaceuticals. Can check link to related ideas.
Target 1 achieved. Gain of more than 67%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI...
JAGSONAPAL PHARMA has formed a bullish flag pattern in large time frame, and now is giving its breakout,
with RSI above 60 and MACD histogram turns positive with buzzing volume,
could soon see levels of 250.
