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Jindal Photo Limited
Long

Jindal Photo: Rounding Bottom Breakout

64
JINDALPHOT has a nice, copy-book rounding bottom formation.

It has the following properties in the chart:


  • A perfect Rounding Bottom formation.
  • A perfect ascending triangle formation.


Buy above 420 with a SL to the neckline of the rounding bottom (i.e. 400). Below that the SL can be revised to 394.

pradipandsuvra
Also on:
Double Top or BottomindianstockmarketindianstockmarketanalysisroundingbottomstocktobuystocktowatchforSupport and Resistance

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Double Top or BottomindianstockmarketindianstockmarketanalysisroundingbottomstocktobuystocktowatchforSupport and Resistance
pradipandsuvra
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.