#JINDALPHOT - IHNS BreakOut in Daily chart.📊 Script: JINDALPHOT
Key highlights: 💡⚡
📈 IHNS BreakOut in Daily chart.
📈 Price gave a good up move and consolidated before BO.
📈 Volume spike on Breakout
📈 MACD Cross Over
📈 One can go for Swing Trade.
BUY ONLY ABOVE 1000 DCB
⏱️ C.M.P 📑💰- 986.35
🟢 Target 🎯🏆 – 21%
⚠️ Stoploss ☠️🚫 – 10%
⚠️ Important: Always Exit the trade before any Event.
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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JINDALPHOT trade ideas
Approaching Symmetrical Triangle Breakout – Bullish SetupThe stock is forming a symmetrical triangle, nearing the apex, which suggests a potential breakout.
The RSI is at 57.40, indicating positive momentum and a potential for further upside.
The MACD shows a bullish crossover, with the histogram turning positive, suggesting increasing bullish momentum.
Volume has been increasing, adding confirmation to the potential breakout scenario.
Immediate resistance is around ₹760, with support at the lower trendline around ₹620.
A breakout above ₹760 with strong volume could lead to a significant bullish move. Watch for confirmation of the breakout for potential entry points.
About [ edit ] Incorporated in 1986, Jindal photo Ltd is engag
Market Cap ₹ 702 Cr.
Current Price ₹ 685
High / Low ₹ 823 / 263
Stock P/E 3.17
Book Value ₹ 2,011
Dividend Yield 0.00 %
ROCE 8.70 %
ROE 8.76 %
Face Value ₹ 10.0
Graham ₹ 3,118
Intrinsic Value ₹ 2,505
EPS ₹ 215
Sales growth 10,022 %
Sales last year ₹ 7.87 Cr.
Sales growth 3Years 293 %
Profit growth 11.0 %
Profit Var 3Yrs 271 %
Profit Var 5Yrs 162 %
Return on equity 8.76 %
Profit Var 7Yrs 15.8 %
Sales 2Qtr Bk ₹ 0.45 Cr.
ROE 7Yr %
Debt ₹ 69.0 Cr.
Current assets ₹ 52.2 Cr.
Current liabilities ₹ 19.5 Cr.
Book value ₹ 2,011
Free Cash Flow 5Yrs ₹ -1.92 Cr.
JINDALPHOTO - Weekly Chart AnalysisA new ATH and breakout from the resistance/supply zone 416-485 levels with insane volumes.
A consolidation of almost 10 months. between the supply & demand zone.
Now it shall sustain above these levels. It is trading above all its key moving averages.
As per the trend based fib 650 - 780 - 945 are the levels that can be tested if sustained.
The previous supply zone/resistance shall now act as support/demand zone. (416-485) and weekly close below these levels shall invalidate our view.
Disclaimer: This is just an analysis and not a buy/sell recommendation. If you intend to trade this counter then do your own due diligence and trade at your own risk.
Go Long in Jindal PhotoA bullish flag & pole Chart Pattern Breakout completed on the Daily Time frame of NSE:JINDALPHOT
Price Action supported by very good volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list and initiate the long trade as per the levels mentioned on the chart
Stop loss will be on a Daily closing basis.
Trend Analysis :- UP Trend
Chart Pattern :- Bullish flag & pole Chart Pattern
Technical Indicator :- Positive MACD Crossover
Disclaimer: This is for educational purpose only.
JINDAL PHOTO - VCP breakout incomingJINDAL PHOTO has formed a VCP pattern after a good impulse move, after a good time correction, I think it is ready to move again, also all holding companies such as #JSWHL, #PILANIINVS, #NSIL, #BFINVEST are showing good strength and are near their all time high pivot zone. Do look at these names.
Ideal Stoploss is 330.
*DISCLAIMER*
This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor. Please consult your financial advisor before taking any position and please use a Stop Loss for any Investments/Trading Positions. It is your hard earned money so give risk management your highest attention. Do take this disclaimer seriously.
Jindal Photo: Rounding Bottom BreakoutNSE:JINDALPHOT has a nice, copy-book rounding bottom formation.
It has the following properties in the chart:
A perfect Rounding Bottom formation.
A perfect ascending triangle formation.
Buy above 420 with a SL to the neckline of the rounding bottom (i.e. 400). Below that the SL can be revised to 394.