It is clear from the chart that the stock price is traveling in a prominent channel, respecting support and resistance on both sides. If the momentum continues, may go to 500.
Considering risk-reward is the first thing in any setup. one should exit below 440/430 depending on the position size and risk management.
This is only for learning and sharing purposes,...
Jubilant Ingerva expecting some major move.
It has been on the down since long and seems to be in accumulation phase in recent past. Has shown 2 indication to break the current resistance of 513. If this level is broken and sustained with good volume then might see some move with the levels of 538-585-609-658-708 all based on volume. It's base levels are at...
Jubilant Ingerva nearing the breaking of resistance level .
It is a slow runner. It had been in the down trend from quite some time.
With it breaking the support, it tried to break in the first attempt and failed to sustain which at this time gives it more probability of crossing the resistance in the second attempt.
With Fibonacci level in place, minimum targets...
Jubilant Ingrevia :
CMP : 486
Support : 455
Best : 475-480
Seems like tweezer bottom, Three black crows & BE pattern is formed.
RSI at 57, which indicates strength.
Closed above 10, 21,40 DEMA.
Volumes picked up.
Pls do ur own analysis or consult ur advisor.
NO BUY / SELL RECO
it has rallied with highest weekly volume of the year in the last week.
fallen from higher boundary of the channel this week with low volume.
it may be in this channel for 1 more quarter.
keep an eye on last week low.
-Symmetrical triangle breakout above 500-515 zone
-very high volume with strong candle shows strength
-spike in rsi and adx looking strong
-above all crucial ema now
-results were also good keep in radar it can give ggod profit
Last two month this stock day candle having steady move.No heavy up and down movement.This movement give confidence to go higher and higher also strong weekly Candle brakeout with good volumes
Big players participated in this stock.Hold for another 50% Profit in next 3-5month
Disclaimer: This is NOT a recommendation to trade, but my own observation. Please do your own analysis before entering positions.
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Reasons to buy:
1. Stock in upwards channel, taking good support.
2. Stock rising with healthy HH, HL formation from support.
3. A High Vol. candle seen indicating strength.
Entry: 445
SL: 416
Target: 500
RR: 2
Dear Followers
I hope this message finds you well. I wanted to share my swing trade view on NSE:JUBLINGREA with you. I've analyzed the chart and identified some potential opportunities that I believe align with our swing trading strategy.
Stock: NSE:JUBLINGREA
Holding Time Frame: 90 Days
Entry Point: 440-445
Stop Loss Point : 400
Target Point:...
