#JubilantIngrevis is 7th largest mfg of EA in the world
Jubilant Ingrevia being the 7th largest producer globally of EA.
- With US Coffee futures up by 17% looks like demand for EA with improve drastically.
Would be a great buy if gets below 600.
Estimated chart pattern subject to market conditions and company performance.
long for TGT 3400 + in midterm
Accumulate at given support levels.
As we seen aggressive acquisitions of fides food,stake in barbique nations and other in last period all may Boost EARNINGS and sales growth.
Newerthless, Sector gonna be a CASH COW for period as result of excess reverse...
As per Chart pattern we can expect upmove to 600 & more; If gives decisive closing above 550.
Else Can show levels below 480 if breaks rectangular support around 512.
Long above 550 or Accumulate for 700+
Triangle chocked here. Now Earnings gonna out n will determine breakout or further plunge.
As large-cap n specially banking underperformed index, one can long here through 'call ratio back spread' or 'bull call ladder' strategies.
It seems REC just closed above its tri-Ressistance level and entered into it's old consolidation zone. From here it can shoot to 150+
- Trading Below it's Book Value.
- CMP is less than Intrinsic value.
- Amazing growth in Revenue n in NP.
- LT bet for dividend Seekers.