JAI CORP LTD. (LTP 182)
Stock is forming Cup & Handle pattern
Buy between 179 & 183
for the target of 220/250/335++
(20% / 40% / 80% respectively)
with stoploss of 154 (15%) on daily closing basis
Jai corp last year attempted Decade BO but it failed and made a low of 120 falling from 230. Now latest price action and accumulation indicates new Era of JaiCorp. Let's see how chart goes
Jai Corp
Study - Flag and Pole Pattern, on every dip from 155 level buyers are very active. Upside resistance is 166
If 155 broken then negative
If 166 broken then positive
This chart is for educational purpose only. No trades are recommended
Breakout in JAICORPLTD in Weekly Timeframe
Entry: CMP
Targets: 165 & 210
DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss. I am not SEBI registered.
Stock Name - Jai Corp Limited
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 185
#This is not Buy and Sell recommendation to any one. This is for education...
1. Above 145 - Bull Run Begins
2. Above 160 clear confirmation of Bulls Rampage
3. Possible entry around Yellow & Orange Line 131 - 107
4. Trade Stoploss below 107
5. Longterm Investor Ban Jao at 82 and below as everything Fizzles Out
NOTE - Consult your financial advisor before any investment decision
JAI CORP LTD- DAILY CHART -- TRENDLINE BREAKOUT
1. Daily chart seen trendline breakout of last daily candle with increase in huge volume and strong bullish breakout candle
2. Downtrend has seen trend reversal around 95 level where double bottom formation seen
3. stock has 44 HULL moving avg support at last daily breakout candle
4. RSI seen bullish...
JAI CORP LTD
Stock after giving Trendline breakout and trading above its strong resistance levels.
After BO stock retrace to its resistance levels
Buy above 147.5 levels on daily closing basis for 5-7% target in short term; after entry keep SL of 142.
----
Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
Please...
NSE:JAICORPLTD
Chart is self explanatory. Entry, Targets and Trailing 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.
The stock has attempted to give a channel breakout and failed to close above the previous attempts above the upper trendline.
Buy positionally above 147.5 level for 5-7% further upmove.
Learn & Earn,
Dr. Tanya Kumar
