Jain Irrigation - Super Bullish ChartStock has broken out of weekly ascending triangle. Can move to 125-127 zone shortly. In case this zone is taken out, stock will probably make a big move.
Also, CnH pattern (blue line) visible on the chart. This can take stock to much higher levels.
PS: Trade as per our own research.
JISLDVREQS trade ideas
Jain Irrigation - A potential multi-baager in makingThe stock has given a positive break out and is heading towards 134 and 155 levels in the long run. Once these levels are taken out it can the life time highs of 250 also. Stock is under process of forming a rounding bottoms on the long term charts.
Jain Irrigation - Bull ready to wake up after long sleep ?Jain Irrigation is now looking for a breakout from 3 & half year long triangle pattern with solid volumes, if sustain then can see 15-20% in next 2-3 months and 50-70% up move from current level in next 1 year, Look for a long trade here with sl as per support line.
Jain Irrigation - Long term revival?Jain irrigation is showing signs of revival for long term. But still not best among its peers in terms of profit margin.
Technically Cup and handle is found.
The stock has retraced 23% and one can long at this level with SL at 92 for target of 180.
This will be a patience trade and only for investments.
Is Harmonics, Candle Pattern, Oscillatorrs Lift JUSLJALEQS ?In Hourly Chart:
4th Last Candle is Bull CANDLE.
3rd Last Candle is Long Legged Upper DOJI.
2nd Last Candle is Long Body Bear Candle.
Thus Pattern forms "EVENING DOJI STAR"
But in Last candle is " Long Legged Lower DOJI "
& Previous Formed Pattern NULL & VOID.
Conclusion:
If Tomorrow 1st hourly candle is to be a Bull Candle, Having Body Less than 2nd Last Candle &
Consecutive Candle also a Bull Candle, A BULLISH Pattern " Morning DOJI STAR " Confirms.
If not watch @ 100.2 level, how it tests (probable reversal)
Go Long: @ 100.80 to @ 101.60
TARGET / SL / TSL and all other level plotted on chart.
Snapshot of DAILY Chart
Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor.
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DSKF16.