JUBLINGREA trade ideas
Jubilant Ingrevia - Awaiting Breakout, Grab itJubilant Ingrevia - Stock is Trading at bottom of Darvas Box, MACD and RSI showing upward movement, No major volume in downtrend ( Just to fish out weak hands). As soon as it breaks the trendline, it will shoot up.
JUBILANT INGREVIASelf Explanatory.
As one can see at times there are false spikes, which is why I raised the breakout level to 510 (closing basis) instead of 504-505.
JUBILANT INGEAVIA CLIMBING A LADDERFrom the time this company has been carved out from the parent company Jubilant Life in March 202, it has been moving in higher boxes. Darvas has spoken of these boxes and therefore called Darvas Boxes. Not much history, and therefore, difficult to give target and stop loss.
Disclaimer: This is not a recommendation to buy or sell. For education purpose only.
