Jash Enginering. Watch for a Base Breakout!
Stock: Jash Engineering Ltd.
Chart Pattern: Breakout from a consolidation range.
Key Levels:Entry: ₹655.5
Stop Loss (SL): ₹545.10
Expected T1: 777
Observations:
- Strong bullish momentum with a 10.23% move today.
-Price consolidating and forming a base
-Above key moving averages.
-Resilient in Bearish Market
-Volume spike indicates strong buying interest.
-Strong RSI
-Stock is in an Uptrend.
-Takes Support at 50 and 200 DMA on each pull back.
Risk-Reward: Favorable setup for swing traders.
⚠️Overall Market is Bearish. We are trading against the trend. Risk Management is important. If your Risk Management is poor then please do not trade.
Disclaimer: This is for educational purposes only, not financial advice.
Chart Pattern: Breakout from a consolidation range.
Key Levels:Entry: ₹655.5
Stop Loss (SL): ₹545.10
Expected T1: 777
Observations:
- Strong bullish momentum with a 10.23% move today.
-Price consolidating and forming a base
-Above key moving averages.
-Resilient in Bearish Market
-Volume spike indicates strong buying interest.
-Strong RSI
-Stock is in an Uptrend.
-Takes Support at 50 and 200 DMA on each pull back.
Risk-Reward: Favorable setup for swing traders.
⚠️Overall Market is Bearish. We are trading against the trend. Risk Management is important. If your Risk Management is poor then please do not trade.
Disclaimer: This is for educational purposes only, not financial advice.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.