Stock in the Support Zone: Johnson's Control HitachiThe stock is trading near the strong support zone.
Can enter for a short-term target of 20%.
JCHAC trade ideas
JCHACThis Stock is Ready for Great Upside!
JCHAC
CMP- 1486
Stop Loss- 1218 (WCB
Upside Levels- 1720/2250++
Keep on Radar.
Potential Upside Stock!
JCHAC BULLISH BREAKOUTIts a bullish breakout of up flag. breakout is happened after a good consolidation with huge volume.
JCHAC - Huge volume breakout in Weekly timeframeJCHAC - Gave a nice breakout in the weekly timeframe with a huge volume. The stock is looking very good technically and fundamentally. This breakout is more likely to be a genuine one as the price action before the breakout was mainly consolidation and accumulation, a good 1:2 RR can be considered.
JCHAC - Weekly AnalysisIn the Weekly Chart of JCHAC ,
we can see that; it is trying to recover from bottom.
Expected momentums are shown in chart.
JCHACJCHAC: Flag Pattern Breakout Upside Sustaining Above 1300 CMP@1362.05 Targets 1562-1762-1962-2162+++
Medium Term TradeNow @ 1145
This is Multi Year Breakout ; SL @1000
No Target , just hold it with Trailing SL.
Exit from the trade if Stock breaks Previous day Low
Riding the Breakout Wave with Trendline and Massive Volume 📈 Symbol: JCHAC
📅 Timeframe: Daily
🎯 Entry: 1075
🎯 Targets: 1305,1450,1638
🛑 Stop-loss: Below 1016
Introduction:
Hello, traders! We're thrilled to present an exciting trading opportunity involving JCHAC stock. Our analysis combines the power of a breakout through a key trendline and substantial volume support, setting the stage for potential gains. Our targets are set at 1305,1450, and 1638. Let's dive into the details of this promising trade setup.
Breakout with Trendline and Volume Analysis:
1. Trendline Breakout:
The daily chart of JCHAC reveals a significant trendline that has acted as a barrier to the stock's upward movement. Recent price action has shown a compelling breakout above this trendline, signifying a potential shift in the prevailing trend. This breakout is a strong indicator of renewed bullish sentiment.
2. Confirmation with Volume:
What makes this breakout even more compelling is the surge in trading volume accompanying the upward move. The principle of volume analysis dictates that significant volume spikes often accompany significant price movements. In this case, the surge in volume serves as substantial support for the breakout, suggesting increased market participation and potential trend continuation.
3. Strategic Entry:
Wait For Retesting Breakout Level.and some bullish momentum at breakout level.Our recommended entry level is at 1075. By entering the trade after the confirmed breakout through the trendline, traders position themselves to ride the wave of renewed buying interest and capitalize on the anticipated uptrend.
4. Ambitious Target Levels:
We've set our sights on ambitious but achievable target levels:
Target 1: 1350
Target 2: 1450
Target 3: 1638
These targets take into account the strength of the breakout, supported by both the trendline breach and the robust trading volume.
5. Effective Risk Management:
To manage risk effectively, we propose setting a stop-loss just below 1016. This level allows for minor price fluctuations while maintaining a favorable risk-to-reward ratio for the trade.
**********************
The information provided here is for educational and informational purposes only. It is not intended as trading advice or a recommendation to buy, sell, or hold any stocks or securities. Trading stocks involves risk and can result in financial losses. Before making any trading decisions, it is essential to conduct thorough research, consult with financial professionals, and consider your own risk tolerance and investment goals.
Johnson Controls Hitachi (JCHAC)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.
JCHAC becomes a BUY at 950 approxi will buy this stock when it reaches the confluence support of PF median, S<>R and AVWAP.......950 approx..
Johnson Controls BUYING opportunity 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
JCHAC Long (Swing)W Pattern on Daily Chart
T1- 1644
T2- 1671
Can move further up so trail after 1671
JCHACIf you want (price action) of any charts then drop the stock keyword in the comment section.
For more charts patterns follow me.
Thank you.
Note: Don't trade without stoploss because risk management is the main key in trading.
Disclaimer: I'm not responsible for any loss that you have made from this post. Do your own research then invest.
JCHAC on the RUNClose to it's 52 Wk low, at a high resistance point.
Fundamentals are strong, volume to add up in a week. First breakout is 1:3 Risk to Reward.
If the upper Breakout is made profit margin will exceed a lot
Long Term - Johnson Controls HitachiBuying Range1 - 240 WMA High
Buying Range2 - 240 WMA Low
Buying Range3 - Trend line from 2016
JCHAC buy if breaks 100 EMASales 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 March 2020.
For the full year,net profit declined 60.37% to Rs 33.10 crore in the year ended March 2021 as against Rs 83.53 crore during the previous year ended March 2020. Sales declined 25.07% to Rs 1646.54 crore in the year ended March 2021 as against Rs 2197.37 crore during the previous year ended March 2020.
