Whenever greatest word comes the simple think trader things that the price is going in vertical direction and it is coming down support the zone is to be
the above example is the best example for structure retest
the price was falling very sharply with only two candles in weekly time frame but after reaching to the main support which is to be written as zone...
JTL India looking impressive
If it breaks 252-253 levels then we can have a quick momentum gain in next 1-2 days
Disclaimer: Views are personal and not buy/sell recommendations
Not SEBI registered. Consult your advisor bedore investing
OBSERVE POSITIONAL RESEARCH
JTLIND - JTL Industries Ltd looks good above 242
SL 220
Targets 260-270-280-290-300
Price is shifting in upper direction slowly and gradually with volumes.
Holding period of a few weeks.
Techno Funda analysis of JTL Industries Limited
According to the company website this organization is one the largest producer of Electric Resistance Welded (ERW) steel pipes including one of the largest section pipe & tube manufacturers in India, with a capacity to produce more than 6 Lakh Metric Tones per annum. It caters extensively to the region and exports to...
The stock has offered a lot to its investors till now!
It has been moving quietly taking support between 100ema and 200ema!
A event is coming up for the company and we can expect for some positive moves!
The range is between 285-350!
Hence, you already know my stoploss!
Will be targeting 400 if the range is broken and will trail sl further for 0.786 fibo...
