Jaicorpltdlong
Break of trendline1.Formation of cup pattern
2.volume is increasing
3.Rsi is in position to rally
211 acts as a strong resistance
target 211,218
JAICORP detailed Analysis - Opportunity and Risk - updatedNOTE - Consult your financial advisor for any investment - this is only for study purpose
JAICORP detailed Analysis - Opportunity and Risk1. Above 145 - Bull Run Begins
2. Above 160 clear confirmation of Bulls Rampage
3. Possible entry around Yellow & Orange Line 131 - 107
4. Trade Stoploss below 107
5. Longterm Investor Ban Jao at 82 and below as everything Fizzles Out
NOTE - Consult your financial advisor before any investment decision
Long JAICORPLTDNSE:JAICORPLTD
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 registered. Please consult your financial advisor before taking any trade.
JAICORPLTDThis stock has given good breakout along with good intensity of volume on daily time frame,
Once it closes above 144.20 then more strength could be seen on chart to go towards north direction, all the key levels are mentioned on chart.
Breakout along with good volumes
RK's black magic BUY signal in Daily chart
MACD in weekly positive crossover
MACD in Daily positive uptick above zero line
RSI in daily uptick
DMI ADX positive
Price out of upper range in daily
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Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
