JAI CORP LTD- DAILY CHART -- TRENDLINE BREAKOUT
1. Daily chart seen trendline breakout of last daily candle with increase in huge volume and strong bullish breakout candle
2. Downtrend has seen trend reversal around 95 level where double bottom formation seen
3. stock has 44 HULL moving avg support at last daily breakout candle
4. RSI seen bullish...
this analysis is based on chart reading and volume analysis. stock is trying to hit its resistance multiple times and every time when it bounces low..it leaves old investor and new investor comes in. but when it comes with new investor with very deep pockets near to its resistance then they are the ones who are actually going to break the wall .