The 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.
Everything explained on the chart...
PA suggests bullish vibe to continue..
JISLJALEQS retesting breakout zone one can enter a trade above 110 target for 130+ stop lose below 105.
JISLJALEQS just broke the symmetrical triangle. can go upto 120 level.
wait for an upward breakout and trade for a target of 140-150 keeping adequate stop loss.
Jain Irrigation has created a base in last 3-4 years with huge volume. This would be a multibagger for years to come. From EW perspective it is in Cycle degree 3rd wave.
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.
looking good for long. closing above 120 should boost it.already given BO from lower levels.
Share is about to make break out from symmetrical triangle (shown in graph). Last candle of graph is Marubozu (shown in black box). EMA 12 days is also moving above EMA 26 days (shown by yellow and green lines). Share price will rise.
Support 95.4-94.6 Resistance 101-101.6 ST Trend Negative Remain Cautious till its trading below Resistance Zone
Support 95.4-94.6 Resistance 101-101.6 ST Trend Negative Remain Cautious till its trading below Resistance Zone
Symmetric Triangle and Weekly Break out based on my Aroon strategy
NSE:JISLJALEQS symmetric triangle in formation. Keep it on the watch list. Going above 108 will take it to 120 levels.
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.
Stock has given triangle break out in a channel. Both EMA break out with Volume. RSI showhing momentum. Other Details Mentioned in Chart. I am not SEBI Registered Financial Advisor.
NSE:JISLJALEQS has foemd head & Shoulders in daily chart. One can look out to short it below 91.50 T1 - 86.50 T2 - 82.50 SL - 97
JAIN IRRIGATION JISLJALEQS - Near Support zone, Any dips should be bought into till 88 levels, Upside targets are 99,104,110 in 1-2 months For short term (2-3 days) if it is able to hold 90 then we can see it turning upward soon