JWL has given symmetrical triangle breakout during last trading session with huge volumes, but the stock is still trading below 350-365 zone where the price has faced fairly strong resistance during Sep, Nov and Dec (2023).
Volumes, momentum and RS appear favourable. Stock can be kept on radar for a short duration swing trade with safe entry above 365 zone and Stoploss @ 347 or below, provided volume expansion remains intact.
Volumes, momentum and RS appear favourable. Stock can be kept on radar for a short duration swing trade with safe entry above 365 zone and Stoploss @ 347 or below, provided volume expansion remains intact.
Comment:
Tgt Achieved on 20th Jan 24.