balaji_damo

Jain Irrigation - Long term revival?

Long
balaji_damo Updated   
NSE:JISLJALEQS   JAIN IRRIGATION
Jain irrigation is showing signs of revival for long term. But still not best among its peers in terms of profit margin.

Technically Cup and handle is found.

The stock has retraced 23% and one can long at this level with SL at 92 for target of 180.

This will be a patience trade and only for investments.
Trade active:
It is breaking out
Comment:
Move SL to 111.6

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.