JTEKTINDIA #Watchlist
#JTEKTINDIA (W):-CMP 128 Looks Good for more upsides :)
#Disclaimer:-View shared is for educational purposes only.
JTEKTINDIA trade ideas
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 possible
JTEKTINDIAkeep an eye on this scrip. looks good for positional view . rounding bottom formations is done , expected target is 146 in short term .
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.
JTEKT INDIA: a probable long tradeJTEKT INDIA #JTEKTINDIA if you are holding #Endurancetech then split capital between these. Purely a technical chart, the financials are ‘stagnant’. Accumulate with 66 as SL on WCLBS for targets in orange or enter post #breakout
#VCP #nifty #investing #stockmarketindia
JTEKTINDIA - Ichimoku Bullish Breakout Stock Name - JTEKT India Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 108
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
JTEKT India: On the verge of BreakoutJTEKT India is looking good for long. Stock is consolidating and forming rounding bottom pattern since last 10-11 months. Now is on the verge of Breakout of rounding patter. Keep on radar. Recently in the month of Sept'22, Company has added new product in the Driveline Segment also as informed to exchange
JTEKTINdia can reach upper level mentionednear term short term benefit. one can pick up now on daily time frame.
JTEKT - Inverted head and shoulder breakout above 87 can go longInverted head and shoulder on Jtekt
Could be a long above 87
Broken the down-trend-line with volumes
Long Jtekt IndiaNSE:JTEKTINDIA
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
JTEKTINDIA looking good for a swing tradeJTEKTINDIA looking good for a swing trade if settled after breakout of a simple trend line. potential (6 to 10 %)
please follow your own risk and reward.
this is not an investment advice.
Best Regards
JTEKTINDIA Find Buying Opportunity Swing Traders JTEKTINDIA Find Buying Opportunity Swing Traders
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by PrimePaisa.
JTEKTINDIAJTEKTINDIA looks like a falling comet but it has high financial strength. Yesterday a bullish engulfing candle seen in JTEKTINDIA very close to support range on day chart. Note : for educational purpose only.
Jtekt looks like a trend reversalJtekt looks like a trend reversal
Double bottom formation
Trendline breakout
Swing Opportunity in JTEKT IndiaGo Long above 107.1 for Targets of 114.45, 121.8, and 129.15 with SL 99.75
Reasons to go Long :
1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.618 Fibonacci level.
2. A bullish chart pattern, Double Bottom (W pattern) is formed around 0.618 Fibonacci level.
3. Also there is a strong demand zone (marked with purple color), from which the stock initially faced resistance but now is taking support and moving up.
4. The stock may go up to the Trendline (marked with red color) and face resistance. Our final target is just below this trendline.
JTEKT: Consolidating in tight rangeJTEKT is consolidating in tight range since last 15-16 trading days. Can be a long candidate above 110 closing on daily basis.
JTEKT INDIA levels...20.09.2021 ( D candleJTEKT INDIA formed bullish pattern and its already breakout...so will see 130+ in mid term
#JTEKTINDIA long opportunity#JTEKTINDIA long opportunity
Sl-97
Target -124
CMP:112 @16 September 2021
Buy on dip for good RR
Breakout in JTEKT India...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
BREAKOUT AND RETEST DONE LOOKING TO FLY :))buy above 123 for targets 148 and 175.
sl can be 106.
like and comment for a new pick :)
