Johnson Controls Hitachi (JCHAC) is in a reverse or die situation. If this monthly support doesn't hold it will be very bad for this stock.
YoY debt has increased resulting in a Flush DOWN this level is critical and would be an amazing buying opportunity YoY sales has increased 4% HOLD it for long term
W Pattern on Daily Chart T1- 1644 T2- 1671 Can move further up so trail after 1671
Details on Chart. Note : This is for educational purpose only.
Sales rise 33.83% to Rs 579.35 crore Net profit of Johnson Controls-Hitachi Air Condition. India rose 520.53% to Rs 44.43 crore in the quarter ended March 2021 as against Rs 7.16 crore during the previous quarter ended March 2020. Sales rose 33.83% to Rs 579.35 crore in the quarter ended March 2021 as against Rs 432.91 crore during the previous quarter ended...
Johnsons Hitachi (JCHAC) stock is hovering at its year-long support where it has struck multiple times in the past. We are also at the 0.618 retracement from Aug'19 low to Mar'20 peak zone. We are closely monitoring the price action at this level. Any signs of bullishness would be a good time to go Long for a sharp up move. Will post an update on this post as we...
The stock has tested support twice at GAP and moved upside. GAS is acting as good support. RSI also moved from the oversold zone. Stock price are very much likely to retrace up to 2375 to 2480 in the near terms.
JCHAC RSI divergence & Support Looks good for 25- 30% With SL of 2000 T1- 2400 T2- 2900
NSE:JCHAC Attractive price of 2210/- , Buy limit looks good
buy above 2860 for swing wait for 5 minute candle close
JCHAC has shown a breakout from flag pattern. Target = 2900 Stop Loss = 2400 Disclaimer: All investments and trading in the stock market involve risk. Any decisions to place trades in the financial markets, including trading in stock or options or other financial instruments is a personal decision that should only be made after thorough research, including a...
Can go long for 10 to 12 days