JPOLYINVST2.
➡️ Strong trendline breakout
➡️ Volume surge at the time of breakout
➡️ holding companies have been moving of late and it may follow suit
JPOLYINVST trade ideas
JPOLYINVEST - A Bullish Move?As per my set up, Jpolyinvst is breaking out of 3 months range. My set up suggests that it might attempt to go up to 1118 levels. Let's see. I am recording this for my observation.
JpolyInvest technically good. Add to your watch list.-Technically good, breaking out.
-Good Volumes.
-Broke out of Parallel channel.
-Forming a good pattern.
Extremely Risky. Very good chances of breakouts failing. Please do not trade based on my view. The chart is shared to alert you of a probable good setup.
Trade at your discretion. Don't be fooled by today's upmove in the market. We need more confirmation. And trade small qty only more like a test quantity.
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
INSIDE BAR Breakout in SJVN
BUY TODAY SELL TOMORROW for 5%
jindal polyinvest -Long for 50 % upmovevery good valuation
price bouncing from ascending triangle pattern breakout
and bouncing from 200 day EMA
Resistance BreakoutBook profits within the first 30 minutes of the market opening
- Try to exit by taking 10-15% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
Now, why do I prefer swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 3-4 days and the rest of the time they either consolidate or fall
CMP- 715
Target Price 780
Note:- I am not SEBI Registered This Trade is only educational Purpose
Diwali 2022 Pick, Long Jindal PolyAfter breaking out from 2014 top , stock re-tested 200 levels.
Consolidating since Nov'21
Daily, Weekly & Monthly RSI above 60+
Price above Daily, Weekly & Monthly EMA 9,21,50,100 & 200
Stock given breakout on weekly charts
One can go long on this share with targets of 4 digits in coming few years
** Educational purpose only**
Cup and Handle PatternJindal Poly Investment has crossed 52 week high with decent volumes and we can see cup and handle breakout on the charts. Based on this we can expect a good move. Target 620 by year end.
BREAKOUT!!!I f a stock moves beyond its resistance level, it will often go on to make a sustained upward move. If it moves past its support level, it may be about to go on a bear run.
Support and resistance levels are seen as 'stronger' if a stock hits them multiple times. In turn, stocks that break through these 'stronger' barriers are more likely to then go on extended moves.
Stocks aren't the only assets to break beyond support and resistance levels. Any market favoured by technical traders can see breakouts: including commodities and forex.
