Inverted head and shoulder breakout The stock had made an Inverted Head and Shoulder breakout with 3.5x volumes and has been consolidating Buy between 275-293 levels for a Target of 350/420/493
JAYAGROGN trade ideas
JAYAGROGN - Weekly AnalysisIn the Weekly Chart of JAYAGROGN ,
we can see that; it has created a Decision candle on Support zone.
Enter on breaking its HIGH with LOW as SL.
Possible momentums are shown in chart.
JAYAGROGN - INVERSE HEAD AND SHOULDER PATTERN WITH STRONG VOL BOHi All,
This idea is related to Jayant Agro Organics Ltd
Fundamentals:
The Company is mainly engaged in manufacturing and trading of castor oil and its derivatives such as oleo chemicals.
Market Cap - 962 Cr
Stock P/E - 18
Book Value - 181
Promoter Holding - 67%
EPS - 17.6
Debt to Equity - 0.29
ROE - 10%
ROCE - 12.2%
Dividend Payout - 23%
Technicals:
This counter has shown all important characteristics of a perfect Inverse Head and Shoulder Pattern. Left Shoulder is deeper than right whereas the head is deepest. Volume price also concurs to the pattern that with every rise volume was low whereas each decline, the volume associated was high
Most importantly, during neckline breakout, the relative volume was very high which is the most important aspect to avoid false breakouts.
The stock price has advanced more than 3% from the neckline, cementing the continuation of the breakout
This is a weekly chart, so before taking the trade it is advisable to let price action be pulled back to nearest Moving average & then take a trade
If you like my analysis please comment and let me know your thoughts,
Happy Trading!
Thanks,
Stock-n-Shine
JayantAGro - rounding bottom form and breakout.Best above 340 !!Jayant Agro : Chemical Stocks have started making moves. and it made a breakout today by forming a rounding bottom.
Buy this above 340 on weekly closing basis, for 530/700 targets
Stop loss - 235
Disclaimer : Educational Content. Do your own research !!
JAYANT AGRO BREA-----KING OUT The stock is forming a complex inverse cup and handle pattern on the weekly timeframe additionally it has tested and breached crcuial resistance of 314 also the company is available at a decent PE of 17 however the fundamentals do not show any longlasting impact but still considering good volumes and great pattern the stock can give prolonged rally
TARGET 1 542
TARGET 2 1003
jayagrogn - next rounding bottomBhramastra pattern has given breakout after very long time. targets are marked on chart. share your view on this chart.
Inverse HNS pattern Good volume buildup in daily and weekly timeframe.
Inverse head and shoulder pattern breakout with good volume.
Caution: Small cap!!!!!
NOTE: I do my analysis, do your before trade.
JAYAGROGN - watch for weekly close a 283NSE:JAYAGROGN
cmp 271
keep an eye for weekly close above 283
will do well above this range
The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional.
It is expected of each person to carry out independent research and evaluation to ascertain whether my perspective is consistent with your studies.
Jayant agro Stock running in correction wave.
Target near 414 (wave c 100% correction)
Stock create good volume base also break resistance.
242,234 good support to create new entry .
JAYAGROGN - Breakout 850+ daysDetailed View about this Breakout:
No.of Resistance: 6
No.of Support: 8
Consolidation days : 850+ days
I Post educational chart for 3 Swing / Potential Stocks Everyday.
Check Related Ideas section for more Swing Stock analysis.
JAYAGROGN interesting chartKey Points:
- 200 DMA playing a major role (refer to the chart)
- Up trending stock
- Trading near to the 52W high zone
- RS positive, momentum is positive
- Trading on support
- Favorable R:R
JAYAGROGN - Weekly AnalysisIn the Weekly Chart of JAYAGROGN ,
we can see that; it has created a Decision candle on Support Trendline.
Enter on breaking its HIGH with LOW as SL.
Hold till 443, Book Profit and Exit.
Tweet @ GPottabathni - Jayant Agro - 350 targetIt has corrected from 310 to 210-20 levels. The setup is ripe for adding and holding till it reaches 350. The trendline breakout seems inevitable. we can see this target quickly. The target is moderate. The target can be aggressive once we have a confirmed move above 310.
Buy Today, Sell Tomorrow: JAYAGROGNDON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm everyday
- Book profits within first 30 minutes of the market opening
- Try to exit taking 3-5% profit of each trade
- SL can be taken when 5/15 min candle close below 44EMA
- SL can also be maintained as 1% or closing below the low of breakout candle
Levels mentioned on the chart are calculated using Breakout Indicator
Now why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Multiple Trendline Breakout in JAYAGROGN
Buy Today, Sell Tomorrow: JAYAGROGN
Jayant Agro: Getting ready for IH&S BreakoutSeems jayant agro is getting ready for IH&S breakout. keep on radar. Volumes are also good.
JAYAGROGNJAYAGROGN
Disclaimer : We are not Sebi registered analyst or Authorized analyst
The charts / Levels / Price projections are only for educational purpose.
This is our personal view, Pls consult your financial advisor before taking decision - Buy / Sell
We will be not responsible for your profit and Loss
JAYAGROGN LongLooks good for a move up at the break of zone plotted
Disclaimer:
The content of the idea and the interpretation of data are solely my personal views which being said I do not warrant its completeness or accuracy.
This idea published is purely intended for educational and informative purposes, I urge traders to make their own trading decisions based on their specific trading objectives and financial position
JAYANT AGRO ORGANICS LTD (Buy)NSE:JAYAGROGN
The analysis is simple 25 ema crossing 50 ema ( faster ema is crossing slower ema from below ) which is a long signal is mixed with some more technical analysis as you can see in the chart.
The stock has given a good breakout and retraced just like the textbook picture.
Invest only if breaks the resistance and shows good price action (HL and HH), always trade with good RRR (risk to reward ratio)
Note: I'm not SEBI registered person, it's just for educational purposes. Do your analysis before investing.
