Jayant Agro

Güncellendi
Buy at CMP
STOPLOSS: 212
RATIONALE: It has formed a rounding bottom pattern on weekly chart, over 2 years and broken out above the neckline in Jul-21. Tested the resistance at around 318 and has pulled back to the breakout level and confirmed the reversal on 03-Sep-2021 with a bullish candle. Seems a good positional buy for a long run up.

NOTE: THE ABOVE IS FOR EDUCATIONAL PURPOSES ONLY. ANY INVESTMENT/TRADING DECISION SHOULD BE BASED ON YOUR OWN ANALYSIS.
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The breakout had failed and went into consolidation/bear trend for almost 3 years. Now again it has broken out and showing CIP. Can be a good positional long.
Trend Analysis

Feragatname