Ascending triangle patternGood volume buildup in daily and weekly timeframe. Ascending triangle pattern breakout with good volume. Caution-Small cap!!!!! NOTE: I do my analysis, do your before trade. Longby GreyandWise4
This Stock Has Broke A Long-Term Resistance with EMA Support✅The stock has been trading within a rising channel, encountering a 4.6-year-old strong resistance. Recently, the price has broken above this resistance, showing a potential bullish continuation. ✅ Immediate support around ₹180, aligning with the lower trendline. Stronger support near the 50 EMA at ₹154 providing a robust base for potential upward movement. ✅ Noticeable increase in volume with the breakout above the strong resistance, signaling strong buying interest and supporting the bullish outlook. ✅ RSI is currently at 67 trending upwards and indicating increasing bullish momentum without being overbought. The MACD histogram shows rising bullish momentum, with the MACD line close to crossing above the signal line, suggesting a buy signal. Longby Marketik3
JTEKT INDIA - STORNG BREKAOUT WITH EXCELLENT VOLUME JTEKT INDIA ✓Main Points Good Volume Strong candles :- DAILY 10 CHART ARE UPLOADED ON MY CHANNEL PERFECT BREAKOUT AND VOLUME STOCKS FOLLOW IT Longby Amit_Surana1231
#JTEKTINDIA BO in DTFWTF was in a UT DTF formed a VCP Volume dry up before BO Longby MMT_MakeMoneyTrading1
Jtekt at good supportIt will touch 185 and posted good results go long for 1-2 months will give good returns as per fundamentals and technical Longby GUNDAEQUITYCALLS1
JTEKTINDIAstock looking good above 165 taken multiple rejection on 165 if break resistance it will go up NOTE: only for educational purpose RULE: 1: always trade with stoploss 2: decide your risk per trade and per day 3: believe to your analysis 4: stay positive and keep patience technical analysis + money management+ physicalogy = successful trader pls like and shareLongby harikant06720
JTEKT - Great Charts - Can move quickly above 170Low Risk Setup. Promoters Increased their Stake Entry above 170 , Targets -264 and in Long run can cross 600. Stop Loss-145 Disclaimer : Educational Content & Not a Recommendationby jain_geetesh6
JTEKTINDIAstock make a trendline resistance taken multiple rejection if break trendline it will go up NOTE: only for educational purpose RULE: 1: always trade with stoploss 2: decide your risk per trade and per day 3: believe to your analysis 4: stay positive and keep patience technical analysis + money management+ physicalogy = successful trader pls like and shareLongby harikant06722
JTEKINDIA looking good for intraday can move both side-JTEKINDIA looking good for intraday can move both side -currently at support if breaks 156 level then it can fall further 4-5% -above 162 it can move upside 2-3% easily -keep in radar it can give good momentum both side in intraday Longby MarketikUpdated 5
Detailed Analysis of JTEKT India LtdNSE:JTEKTINDIA , a fundamentally strong company, has recently shown some impressive movements in the stock market. The stock formed an all-time high on January 3, 2024, marking a significant milestone in its trading history. Resistance Level Breakout If we delve into the weekly chart, it becomes evident that there was a formidable resistance level around the 167 mark. This level was tested twice previously. The first instance was in December 2022 when the stock formed an all-time high. However, the price got rejected from this level, indicating the strength of the resistance. The same level was tested again in August 2023, but the price was once again unable to break through, further solidifying the importance of this resistance level. Finally, on January 2, 2024, the stock managed to break this level with impressive volume, indicating strong buying interest and potentially marking the start of a new uptrend. Promoter Group Acquisition Adding to the bullish sentiment, it was identified that on January 3, 2024, the promoter group of JTEKT Column Systems Corporation purchased shares in large quantities. This acquisition by the promoters shows their interest and confidence in the company’s prospects, which is a positive sign for potential investors. Retesting Breakout Levels As of today, the stock has retraced to the breakout levels with low volumes, providing an opportunity for investors and traders to plan their entry. This retest of the breakout level is a common phenomenon in the stock market and is often seen as a confirmation of the breakout. Conclusion Given the breakout from a significant resistance level with high volume, coupled with the promoter group’s acquisition of shares, JTEKT India Ltd presents a compelling case for potential investment / Trading. However, as with all investments, it’s crucial to conduct thorough research and consider your financial goals and risk tolerance before making a decision. Thank you for your support! Your likes & comments. If you want to give any feedback then you can give in the comment section Trade with confidence, and let your profits run like a river. Embrace the journey! Disclaimer This analysis is for educational purposes only. We aren't SEBI registered analysts. Trade responsibly.Longby AfnanTAjuddin1114
JTEKT INDIA LTD ON RADARThis stock has been in a broad range considering indices performing so well and most of the stocks which were lagging behind have tried to catch up on upside and JTEKT is one amongst them in the makingLongby botshiva5Updated 448
JTEKTINDIA - Cup n Handle breakout - 35% upside potentialJTEKTINDIA has formed cup and handle pattern and giving breakout from 170 resistance levels. SL: Hrly candle close below 165. Target: 200, 230Longby skandha19862
volatility contraction pattern breakoutentry above the sloping line stop below the horizontal line volatility contraction pattern breakout by Rajachandrasekaran0
JTEKT INDIAThe stock gave a proper range breakout on daily & weekly charts after consolidation with huge volumes . We can see trendline breakout on daily RSI indicating bullish upmove in near term. Target should be 168 with SL 130. Longby karthikommi0
jtek fibonacci retrcaementjtekindia fibonacci retrcaement on this jtekindia, which already a bullish outperforming stock in this sector, continuosly making higher high on a trendline and getting support on this line. this position is also a trendline support area now here also a confluance of fibbonacci retracement on its high support area( marked) so may lead to a 8% target with fib low SL Longby fariqbaUpdated 0
Coming out of stage 1 Base- Big volume + candle BO - above all key EMAs - Bullish RSIby ChartShala331
Jtektindia looks goodThe price seems to have reached a bottom, showing signs of reversal as it has broken upward after a period of uncertainty or consolidation. Conclusion: Downtrend looks minimal before reaching possibility zone. Note for everyone who came across this study: This chart is only for educational purpose. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade. by hardeepssethiUpdated 1
JTEKTINDIA | Good for Long | Weekly BO NSE:JTEKTINDIA Cmp : 127.95 Entry : Cmp or near 127.95 Stop Loss: According to one's Risk Reward ratio #Study, Learn & Earn. If you love this post please like and comment your thoughts below. That will be a great motivation for me to post similar ideas ahead. Disclaimer: All the information posting on this page are for the educational purpose only, we are not SEBI registered financial advisor. We wont recommend any BUY/SELL of stocks. Contact your financial advisor before taking any actionLongby Art_of_charting_Knowledge6
JTEKTINDIA #Watchlist #JTEKTINDIA (W):-CMP 128 Looks Good for more upsides :) #Disclaimer:-View shared is for educational purposes only.Longby Charts_insiders118
JTEKT india JTEKT india. Posted highest every Qtrly top line & bottom line number, net debt free company. 600+cr reserve...on chart price is no verge of breakout. CMP:128 ..add more if get around 110-115 level stop loss:100(wcb) Target: 210 level is possibleLongby vijay2310840
JTEKTINDIAkeep an eye on this scrip. looks good for positional view . rounding bottom formations is done , expected target is 146 in short term . Longby Kapildsrawat0
6.9 Years Multiyear Rectangle Consolidation Breakout at JTEKT6.9 Years #Multiyear Rectangle Consolidation #Breakout at #JTEKTINDIA (JTEKT India Ltd) Weekly Chart. Its #Outperformed #Nifty. What Is a Rectangle? A rectangle is a pattern that occurs on price charts. A rectangle is formed when the price reaches the same horizontal support and resistance levels multiple times. The price is confined to moving between the two horizontal levels, creating a rectangle. The concept of a rectangle is similar to a Darvas Box. KEY TAKEAWAYS - 1. A rectangle occurs when the price is moving between horizontal support and resistance levels. 2. The pattern indicates there is no trend, as the price moves up and down between support and resistance. 3. The rectangle ends when there is a breakout, and the price moves out of the rectangle. Some traders like to trade the rectangles, buying near the bottom and selling or shorting near the top, while others prefer to wait for breakouts. ONLY FOR #educational NOT SEBI REGISTERED. #LEARNEARN (TRUST YOURSELF) #nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #Chartanalysis #headandshoulders #doubletop #doublebottom #parallelchannel #relativestrength DISCLAIMER: I am not SEBI registered analyst. All posts are for educational purpose only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts reading.Longby Usemerr221
JTEKT India LtdCup and handle breakout pattern in JTEKT India Ltd with high volume.Longby Swing_Trading_Chart1