Jain Irrigation Long SetupBuy above 103-104 for given targets in short term.
Indicators look strong, price has moved above 200 DEMA.
For long term setup, check my other chart (double bottom setup).
JISLJALEQS trade ideas
Jain Irrigation H&SHead and Shoulder setup on Jain Irrigation with the support of MACD as well as RSI indicators indicating downward trend.
Jain Irrigation Double Bottom SetupGo long if the setup forms successfully.
Great targets and Risk/Reward.
Plus, fundamentally strong company, aggressive expansion, good monsoon forecast will also benefit leading to the formation this setup.
Good Volumes.
Jain Irrigation on crucial breakout regionIf the breakout from multi year Monthly chart, blind buy for long term considering that infrastructure push and an above average monsoon is confirmed
Jain Irrigation medium termGet entry between 99 to 96.. with stop loss 92.. for target 120 & 128.. holding period 2-3 months
Jain Irrigation- Misting Effect-Trapped in 118-122 ZoneMisting Effect
Misting is a result of high pressure and as much as 50% of your water starts evaporating into the atmosphere before it can get to your landscape resulting into wasting lot of water- Save Water- Safe Earth.
Next time, your service provider offers a wet check -you should be careful of high pressure limit because if exceeds then misting can take place.
Technical Analysis
Efforts are wasting since 2008 - resulting into no gain & why prospective bulls should really take interest in the stock above 118-122 zone which is strong rejection zone since 9 years.
Short Term Trading Strategy
Bounce can be seen above 105 to 108-110 zone, which likely one should book holding 98 levels on the downside or strict stops to be maintained for long trades.
Long Term Trading Strategy
Going below 98 -it will continue down for 88-90 zone & later if moves below 88 then look for 78-80 zone, where support can be seen next or want to buy, then think of doing so above 118-122 zone if sustained else your efforts will be wasted again- resulting into misting effect
Jain Irrigation Time To Move Up Has ComeJISLJALEQS broke resistance and looks like gonna sustain this level and exhibit good upside
Post " Cup & Handle " All set for " Double Bottom " BREAKOUT !! "Cup & Handle"
Buy range 107-111, Targets 167 , Stoploss Just below 79
"Double Bottom"
Buy above 137, Targets 227-230, Stoploss Just below 70
A breakout for handy gainA major breakout in uptrend. Keeping a stop loss at 107 closing basis which is also ~previous top. Can have a target of 125-130-135 with trailing stop loss.
Breakout above resistance & channel patternBuy on dips Go long Jain irrigation 120 & 125. Stoploss 105
Jain Irrigation- Symmetrical Triangle Breakout- Buy SetupAs seen Jain Irrigation has broken out of symmetrical triangle with volumes on the daily chart a few days back. The stock has the potential to move higher and test its intermediate highs.
Conservative traders can wait for a pullback to enter, in order to have a better risk reward.
Target: 107, 120
Exit Levels: 91.90
CMP: 101.50
jain irrigation- big move expectedbuy jain irrigaton near 103- 105
for 129
also jain irrigation dvr
buy for 76
Short term BreakoutIt has been observed in JISLJALEQS chart that shot term break out near 98.6. At the time of retracement it is formed bull reversal candle in an up tread, can watch near Current market price for short term target at 108. stop loss below 96.
Jain Irrigation BuyPost bottom reversal, the stock has been trading in the Symmetric Triangle in intermediate trend running across weeks. The Triangle was breached with Bullish expectation, and the stock is righ now in tilted rectangle - almost like a flag consolidation amidst a rally. Would be expected to break out and rise with gap.
Jain Irrigation - Channel Breakout It is been observed that the price action breaking above the downward channel indicating buyers domination over price action. Buyers shall further take prices up from current levels.
Target 1: 96
Target 2: 100
Stoploss: 91.50
JAIN IRRIGATION- CHART PATTERN SHOWS SHORT OPPORTUNITYThe chart pattern indicates short opportunity for JISLJAL with TGT as 91 and 84 in the near term. Stops may be placed at 95.40 or 96.40 as per risk appetite.
