#JINDRILL - Potential Breakout idea#JINDRILL - Potential Breakout idea
CMP - 218
Only Above 235
Next Levels can be expected 270,280,310 & 440
View will be negated below 118
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JINDRILL trade ideas
Jindal Drilling - CMP: 107It has given Rounding Bottom breakout on the weekly chart. Increasing in delivery volume indicates positive movement expected ahead. ADX indicating strength in trend. We can expect price movement till 120 in the near term. Also closing above 122 will move the price to 145 in the mid-term time frame.
JINDRILLNote:
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
One Right Trade's Swing Trade Idea #191 : Long on JINDRILL This is a public swing trade idea from "one right trade" and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow it if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
Jindal drill- Drilling the bears in the zone 150-152 Some stocks have regular patterns which they repeat again & again. Few day's back it was updated that JD is famous for double bottoms & look marginally it went down to 148 lows & pushed upside to 162.50 in the last trading session of 28th Nov2016 forming again double bottoms.