All detail for chat. good entry at 210 Around price and must stoploss is 190 minimum risk and good profit. risk ratio 1:1 in first target. This is not call my idea only. Please understand your risk and take full responsibility of your actions
Cmp : 224
Try on pullback near 218
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#JINDRILL - Potential Breakout idea
CMP - 218
Only Above 235
Next Levels can be expected 270,280,310 & 440
View will be negated below 118
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...
The price moving in parallel channel pattern and given a breakout in 1st week of current month and retesting the level from support.
Entry will be at current level with Stop Loss of Rs 150 and as Target as per price actions.
Verge of breakout, formed an inverted triangular pattern
Entry above 135 on DCB
If breakout failure happens in this week then stock is bearish and can touch levels of 104.95, that's the right time enter this stock for huge gains in long term.
Almost a 10 year falling channel breakout has happened in jindal drilling. Usually falling channel breakout gives a huge targets and is also in this case. The target could be somewhat 440 and the CMP is 142.