Hi,
NSE:JUBLINGREA has given a clear Bullish breakout of 7 months long consolidation on weekly charts with very good volume. MACD is also on the bullish side on daily and weekly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames.
In the current market senario I am expecting that the bullish momentum will continue.
Complete...
The price rebounded strongly from the support zone with a high volume and rallied to change the market structure. This strong momentum increased the RSI to the 70-ish level. The price may now consolidate a bit to cool off the RSI, before giving the second leg upwards. This seems like a good time to accumulate.
The targets which I am looking at:
Target 1:...
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Jubiliant life sciences took major support multiple times and has given breakout.
It can retrace a little or rally without retrace... Sl is little higher 100 points at 680 initially and can trail it to 30 or 40 later on... I feel it's a best buy backed by Jhunjhunwala pick...
Please remember alwys buy fresh levels if movement is already touch the levels then leave. Dont trade on that levels.
Always eat fresh fruits.
THIS IS PURELY FOR STUDY PURPOSE.
