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
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...
this Great Option always for company listed in good agri and plastic biz solar is one sector its govt program big beneficiary
buy for very long 175 tgt
From crucial support level - 80, Regular uptrend noticed after declaration of good YoY Q4 results - 17 and quick monsoon announcement also supporting the trend
TP = Resistance 1, 116 and the scrip can break the crucial resistance level owing to strong fundamentals
Might notice consolidation for few days due to profit booking by short traders
Buy above 103-104 for given targets in short term.
Indicators look strong, price has moved above 200 DEMA.
For long term setup, check my other chart (double bottom setup).
Go long if the setup forms successfully.
Great targets and Risk/Reward.
Plus, fundamentally strong company, aggressive expansion, good monsoon forecast will also benefit leading to the formation this setup.
Good Volumes.
Misting Effect
Misting is a result of high pressure and as much as 50% of your water starts evaporating into the atmosphere before it can get to your landscape resulting into wasting lot of water- Save Water- Safe Earth.
Next time, your service provider offers a wet check -you should be careful of high pressure limit because if exceeds then misting can take...
