Jayant Agro Jayant Agro..CMP 255 add on dips till 235...Upside 268/278/288++...SL 229 on closing Basis
JAYAGROGN trade ideas
Around Breakout LevelsWe are entering after a breakout because now the prices are currently at the resistance levels so its very risky to enter below these levels.
breakout with volumesl @214.
this is for educational purposes only. do your own research & analysis before investing.
please give your feedback:- @vijaykanwar96, @thepowercapital
Multi Year Breakout - Cup and Handle PatternJayant Agro Org is involved in the business activities of Manufacture of organic and inorganic chemical compounds.
The stock broke out a multi Year Resistance with good volume. The RSI on weekly chart indicates overbought condition and the stock is expected to retest its breakout levels.
The Company is fundamentally sound. The company has a reasonable debt to equity of 4%, which signals a healthy balance sheet. Jayant Agro has posted some outstanding results in FY 21 and the same is to be reflected in the stock price. There is a clear reversal on charts.
U can accumulate some qty now or wait for retesting to complete.
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#JAYAGROGN 21% $return $DEEPAKNTR $AGROTECH $HATSUN #FACT $ATFL #JAYAGROGN
NSE:JAYAGROGN
CMP: 162.50
Target: 198++
Can hold above 198, Trail Up Or Book Partial.
Stop Loss: 136
Time frame: less than 2 months.
Factors:
Rising Volume with rising Prices.
Flag pattern breakout.
HEAD & SHOULDER Pattern Breakout
Cup & Handle Breakout
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Fundamental are strong.
Earnings report & quality strong
EPS
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming
Compare with peers NSE:DEEPAKNTR NSE:ATFL NSE:HATSUN NSE:ADFFOODS NSE:CHAMBLFERT NSE:FACT NSE:HNDFDS NSE:DFMFOODS NSE:MEGH NSE:VINATIORGA
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With 💚 from Rachit Sethia
todays pick for the week for a target of 238in d accumulation zone, resistances are 214,223!
Disclaimer:I am NOT SEBI registered, Just trying to learn to predict share price movement. THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
todays pick for the week for a target of 238in d accumulation zone, resistances are 214,223!
Disclaimer:I am NOT SEBI registered, Just trying to learn to predict share price movement. THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
Jayant Agro....If Castor stays up, Jayant Agro will reach 425 byThe way Jayant Agro has over last few months and then moved up in last 3-4 weeks, it is clear that this is a long term move based on fundamental changes at the company.
Looking for targets of 425 by next June from current levels of 13th November.
JAYAGROGNHad added this at 943 level , today it broke its support of 996-997 level .
Will watch this on Tuesday. Most probably will exit this one.
Hidden Gems - Strong multiyear breakoutJayant agro one of the best and fundamentally sound company given multiyear breakout someweeks back at around 180 level. after that given high of 600. now in this market fall stock is down almost 30 % and is around 420 level. The way stock has broke all these multiyear breakout I dont think it will stop here or just around 500-600 level. you can expect much more and you cant say it aggresive if i say 2000 on the cards in a year or 2.
