#Jubilant Ingrevia long opportunity#Jubilant Ingrevia long opportunity
PRZ-543
SL-517
CMP:573 @1 January 2022
JUBLINGREA trade ideas
JUBLINGREA have good opportunity one can look for swing. - Trendline breakout.
- Bounce from support.
- one can look for swing entry & the target will be its near previous swing.
JUBLINGREAAs on 30 Dec, 2021, 04:00 PM IST Jubilant Ingrevia Ltd. share price was down by 1.08% basis the previous closing price of Rs 548.2. Jubilant Ingrevia Ltd. share price was Rs 538.50. Return Performance of Jubilant Ingrevia Ltd. Shares:
1 Week: Jubilant Ingrevia Ltd. share price moved up by 1.09%
1 Month: Jubilant Ingrevia Ltd. share price moved down by 2.43%
3 Month: Jubilant Ingrevia Ltd. share price moved down by 28.75%
6 Month: Jubilant Ingrevia Ltd. share price moved up by 2.88%
Positive Divergence RSI.. Educational Purpose Only.Positive Divergence on daily timeframe..
Good Fundamentals & good support at current levels.
Keep on watchlist..
JUBILANT INGREVIA -Daily ChartJUBILANT INGRIVIA: DAILY CHART
Currently near to resistance/supply zone.
If there is breakout above 620 then can be looked for the entries.
the probable support / demand zone between 440-470 and SL 400
#JUBLINGREA . BUY or SELL ?Currently at strong supports. CMP 585
585-580 a strong support zone. Below that 515-510.
Strong resistance at 620-630 levels.
#JUBLINGREA
Jubiliant Ingreva Cmp 612 dated 25.11.2021Jubiliant Ingreva Cmp 612 dated 25.11.2021
1. Trendline BO @ 618
Buy for a tgt of 650-675-700 SL 580
It is just a view, pls trade at your own risk.
Jubilant IngreviaI am sharing my trendlines in this chart so that you can take informed decision accordingly. The company is fundamentally solid, however, I feel a sharp rise in stock price has lead to a sharper correction in this counter. The whole chemical pack is under pressure currently. Be careful as this is the last strong support line for this counter.
JUBLINGREA Breach 38 retracement levelIt has breached 38.2% Fib retracement level on weekly chart, next support is place at 540. which is good for long term accumulation.
otherwise one can start buying when RSI reaches 40 --> 30 levels.
JUBLINGREAJUBLINGREA has already broken parallel channel now breakdown has started. hopefully first level is good to get bounce.
Jubliant Ingrevia - Intraday -WeakJubliant Ingrevia :
Intraday
Looks Weak - Range Breakdown possibility
Short below 620 with a SL 632
Jubliant Ingrevia - Bounce BackJubliant Ingrevia :
Bouncing from support currently
Long above 685 with SL 660
Good time to buy If only breaks from here will be considered as weakness otherwise very good stock to consider and accumulate
Jubilant ingrevia, bearishRiding wedge pattern seen, this gives us bearish signal, my first down side target is 587.
I am not a registered sebi advisor, this chart is only for educational purpose.
Jubilant Ingrevia: Long term Buy Jubilant Ingrevia🔥🔥🔥 at CMP 687
Targets🎯🎯🎯 830,920,1100,1300
SL 480
Jubilant Ingrevia - Landing ZoneAfter a not so good result where they couldn't pass on RM price hikes while mentioning the high acetic prices were still to hit them caused the stock to tank.
Watch or a potential landing zone around 660 (small support) or 610 a much bigger and more logical support.
If the stock bounces around 610 it might make for a good option to start picking on the stock again.
From q4 onwards there will be fresh expansions which will come online + RM prices will start to cool off by then i feel which will bode very well for the companies prospcts.
600 is also a FIBO support level along with being the AVWAP of the entire move thus far.
Again this is subject to seeing a bounce..if it produces more red candles like the one today then it makes sense to wait for a new base to form.
Keep the stock on your watchlist.
JUBLINGREA Eveningstar on Montlyit is forming evening star on monthly chart. if it closes below 670 on monthly basis to confirm evening star. otherwise pattern invalid.
first monthly red candle after it's listing.
we may see a pull back or consolidation from here on.
big red candle today with volume.
700 acts as good support. if it breaks, it can go down till next fib retracement level.
BUY : jubliant ingreviaBuy : jubliant ingrevia
CMP : 793
Target : 820 - 860
SL : 745
TimeFrame : 1 month
Taking R1 as strong support
Jublingrea 1000+if continues to move inside the channel, it is heading for 1000+ by december 2021.
support at 742 - 694
target 882 -982
Buy Jubilant IngreviaThe stock has historically taken good support from it's 20ema and I expect the same this time as well. Buy for a target of 790-800
