Jagran Prakashan Break OutNSE:JAGRAN
Seems breakout with good volume
Buy Now
CMP: 63.70
Target: 67, 73, 79, 99
Stop Loss: 58
Please do analysis one before purchasing
JAGRAN trade ideas
Jagran LongJagran Long
Triangle pattern breakout
Buy at CMP- 57.4
SL- 53
Target- 62, 65,68.5
Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
Jagran Prakashan 1.5yr Cup and Handle Media sector is doing well for the last 3-4 days, we have seen some good breakouts in the sector. Could this be next big breakout?
Moving along with sector.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis)
BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better.
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
For educational purposes only.
#JAGRAN WEEKLY CHART VIEW!!#JAGRAN WEEKLY CHART VIEW!!
Jagran Prakashan Ltd. is consolidating in a rectangle pattern in the weekly chart.
Momentum breakout to take place above swing high of 52 level.
Technical parameters look neutral as of now.
Keep a watch.
Jagran Prakashan Trend changeJagran Prakashan is taking support on Monthly and has moved out of the weekly downtrend.
#JAGRAN WEEKLY CHART VIEW!!#JAGRAN WEEKLY CHART VIEW!!
Jagran Prakashan Ltd. is consolidating in a narrow range right above the support zone and the breakout from the downtrend line comes at 45 level.
Probable resistance post breakout comes at 52 level.
Technical parameters look positive as of now.
Keep a watch.
JAGRAN at all time supportStock : JAGRAN
CMP : 39
Current PE : 3.3
8 Years Average PE : 13.1
Entry Range : Above 40
Stop Loss : Below 36 ~ 10%
Positional Target : 50 - 55 ~ 30%
Long Term Target : 200 - 250 ~ 500%
Allocation : 5%
Pros:
High ROCE and ROE
Healthy margins
Promoters shareholding increased
BUY JAGRAN, Target In description.Buy JAGRAN
Buy Range: 113-115.50
SAFE TGT 117
THEN NEXT TGT (LITTLE RISKY) 119/123.50
SL: NOT NEEDED.
If opens below 113, avoid. if opens between 113-114.10 target will be 115.50 / 119
Small traders always book first target.
JAGRAN SHORTExpecting Short Work As Its Near to It's Resistance Area. It's my point of view please do your research as well, let's see what happens after few days :) :)
JAGRAN PRAKASHAN LIMITED on multiple supportJAGRAN PRAKASHAN LIMITED on Multiple Support with the Price Rejection Candle formed
i will wait for one more green candle to form.
