JUBILANT INGREVIA LTDPanjang
JUBLINGREA Price action trade set up
Double Bottom Pattern
A significant technical development is the formation of a double bottom pattern, which is considered a bullish reversal signal. The stock formed two distinct lows at approximately ₹643, indicating strong support at this level. A breakout above the neckline at ₹765 has been confirmed, suggesting potential for further upward movement1.
Price Targets
Short-term price targets for JUBLINGREA include:
Upside targets: ₹864.05, ₹857.47, ₹870.63
Downside targets: ₹840.75, ₹834.17, ₹824.033
For the mid-term, the stock is in an uptrend with potential targets of ₹925.15 or ₹885.00
A significant technical development is the formation of a double bottom pattern, which is considered a bullish reversal signal. The stock formed two distinct lows at approximately ₹643, indicating strong support at this level. A breakout above the neckline at ₹765 has been confirmed, suggesting potential for further upward movement1.
Price Targets
Short-term price targets for JUBLINGREA include:
Upside targets: ₹864.05, ₹857.47, ₹870.63
Downside targets: ₹840.75, ₹834.17, ₹824.033
For the mid-term, the stock is in an uptrend with potential targets of ₹925.15 or ₹885.00
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.