Pennant breakoutPennant breakout with supporting volume.
stock already in uptrend & Pennant formed which is trend continuation pattern.
also trend change to uptrend in monthly time frame also
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−5.75INR
−4.07BINR
56.717BINR
345.263M
About JAIN IRRIGATION SYSTEMS LTD.
Sector
Headquarters
Jalgaon
Website
Employees
11.124K
Founded
1963
ISIN
INE175A01038
Jain Irrigation Systems Ltd. engages in the provision of solutions in agriculture, piping, and infrastructure through the manufacture of micro irrigation systems, PVC pipes, plastic sheets, agro processed products, renewable energy solutions, tissue culture plants, and other agricultural inputs. It operates through the following business segments: Hi-Tech Agri Input Product, Plastic, Agro Processing, and Other Business. The Hi-Tech Agri Input Product segment includes micro and sprinkler irrigation systems, solar agri pump, integrated irrigation projects, and tissue culture plants. The Plastic segment includes varied business lines like PVC pipe, PE pipes, and PVC sheets for industrial applications. The Agro Processing segment comprises of fruits, onion products, and bio gas. The Other Business segment consists of solar thermal, solar power, solar water heating systems, and other agricultural products. The company was founded in 1963 by Bhavarlal Hiralal Jain and is headquartered in Jalgaon, India.
buybuy at cmp 29 SL 27.50 or if 5 SMA starts trending down . Target 3 times of risk
Disc : It's not an investment advise to buy or sell
Jain IRRIGATION, 15-20% upside possibleJain IRRIGATION, 15-20% upside possible
keep stop loss a 27
expected targets are35-37
BREAKOUT, JAIN IRRIGATION, 145% RETURNS!!!BUY - JAIN IRRIGATION
CMP - Rs. 58
Target - 1: Rs. 87
Target - 2: Rs. 114
Target - 3: Rs. 145
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Timeframe - 6-12 months
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Technicals - Trendline Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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#JISLJALEQS: Must be in radar1. Stock has been in a channel from a long time
2. Chances of Sustaining of the channel is very low
3. High probability to get breakout on upside
4. Risk to reward is favorable
5. No immediate resistance
JAIN IRRIGATION - Breakout ?JISLJALEQS strong moves with volume.
2 possible trades.
Entry - CMP
Target - 50/56/63
SL - close below 21 EMA
There is a possibility stock can fall from T1. Book partial profits or trail SL as per risk reward.
Study the stock & Trade responsibly.
High MomentumIdea is Simple Invest in stocks which Breakout with Volume.
Rather than targeting 20% to 25% profits, the profit goal is a more modest 10%, or even just 5%
High MomentumIdea is Simple Invest in stocks which Breakout with Volume.
Rather than targeting 20% to 25% profits, the profit goal is a more modest 10%, or even just 5%
Jain irrigation Cup and handle pattern
Accumulate now 48 to 35rs.
Target - 75, 100.
SL - 25.
Confirmation buy abv 54rs only!
Jain Irrigation Analysis Stock above 50 levels may see near target of 75-80, promoter holding less and also pledged, however quarterly sales and profit jumped and promoter set target to reduce debt. Risky trade
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