Why Jain Irrigation is bullish on the charts? Jain Irrigation was trading in a downward trend and in a downward parallel channel. Now , after the yesterday trading session the stock was able to break above the zone of bearish sentiment and a commitment is seen from the bullis to take the prices higher Also , the stock has a short term resistance at 73 / 74...
Sell if breaks 21.25... If you want to take risk hold till 20.70 Let me know your thought!!
The price is reacting to the channel pattern. on a daily time frame the pattern is retesting the levels and the price is very near to the monthly supply zone. so it can be a trap that people will think to buy the script once the daily price moves upward and then it react to the monthly supply zone. be careful in this trade.
Jain irrigation - Again Breakout possible As it may brakeout to break past resistance of Mutiyear
Jain Irrigation has given a range breakout on the Weekly Chart. (CMP: 71.80). The Stock has a possible upside of 80, 95, and 120. Also, increasing volumes and Strong support is seen at 54. Closing above 66.70 is needed. Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a financial advisor prior to...
1. 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
The stock now seems to be making an attempt to move out from a tight consolidation after multiple failed shake ups. Will be interesting to see whether it can give a confirmation on today's attempt
Breakout trading implementation: 1. **Identifying New Trends:** Breakout trading helps traders identify the beginning of new trends by focusing on price levels where an asset breaks out of its historical trading range. 2. **Volatility Indicator:** Breakouts often occur when there's increased volatility in the market. Monitoring breakouts can provide insights...
Pennant 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
buy 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 possible keep stop loss a 27 expected targets are35-37
Sound fundamentals and a turn around on technicals
BUY - JAIN IRRIGATION CMP - Rs. 58 Target - 1: Rs. 87 Target - 2: Rs. 114 Target - 3: Rs. 145 . Timeframe - 6-12 months . Technicals - Trendline Breakout . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
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.
Idea 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%
Idea 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%
Cup and handle pattern Accumulate now 48 to 35rs. Target - 75, 100. SL - 25. Confirmation buy abv 54rs only!
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