good price contraction and trading at ATH supported by high volume.
jindalpoly chart analysis for intraday and swing trading
Rising Trendline ( Analysis for Educational Purpose Only)
JindalPoly looks strong above 1100. Keep in radar for upcoming sessions. Swing or Intra players.
Stock looks overall in good Uptrend in Everytime. Recent candles make higher in daily time frame which is good indication that buyer participating. with good enough volume price can easily break and once it break it causes good momentum for upside. once it break 900 level you can easily go long till 1100 and your stoploss will somewhere around 754 . CMP - 871...
Weekly BO done with huge volume. Expecting the momentum to continue for short term target of 1200. SL below 980.
Better charts !!! Bought it yesterday at 862 levels.. Many people will buy it after 940 as it is the last resistance .. After that pattern targets are 1100-1200. Lets see where the momentum takes us !
Jindal Poly has completed the BO, wait to sustain the BO, a price above 965 will fuel it for a rally. Trendline setup is also intact T1: 1020 T2: 1050 T3: 1105
SIP b/w - 700-800 for a target of 1100-1200 according to my study the 3rd of of larger degree has completed so the correction is needed here and this has confirmed by divergence
Stock: #JINDALPOLY Entry range: 900 to 918 or 811 to 827 Target: 1053 Risk : Medium Pattern: Flag and VCP Hold with patience 🙂 Last time Shared the same stock on June 10 with same buying levels. Buy only near to Black and Blue Line The details where shared on June 24.06.2021
Levels mentioned on chart. SL based on daily closing
Jindal poly made traingle breakout
Jindalpoly- Ascending channel Details are available on chart
jindalpoly chart analysis for intraday and swing trading
This stock gave brilliant breakout after a triangle formation with strong volumes! risky traders enter as soon as market opens and safe traders should enter after a retest is made on the previous resistance zone as new support zone! Target and stop loss are marked on the chart