NSE:JUBLINDS 601
1. Cup and Handle pattern Formation with TF of 10 Months
2. Strong Volume in the last few days with strong volume and price in the chart
3. Additional Confirmation of breakout will be above the 600 level and if stock able to sustains above this price can move towards the 680-760 levels
4. Support to watch near the 520-480...
Looking good for positional as it breaks out of the Gann levels after many months with conviction. Wait for the candle to break out the Trendline on monthly basis
So, watch out the close of the candle on this monthe end and take a call according.
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
perfect symmetrical triangle short term opportunity for upside take trade after breakout from the trendline according to own risk this is not call just a analysis..
Jublinds CMP – 145.40
Looking bullish and can go for Intraday / Swing trade with the following entry, exit & targets
Buy range 140 - 148 / Stop Loss 130
Target 1 - 150
Target 2 - 155
Target 3 – 160 / 165
Short term target 180
Note: This is my view and for educational purpose only
