JUBLINGREA - Breakout of Triangle

2024年7月16日

JUBLINGREA on the weekly timeframe has broken out of the triangle pattern last week and this week so far we have back-tested the upper trendline of the triangle and held it successfully.

As long as we hold 540 level, we could see the stock moving towards 700

Below are the levels to note imo

CMP - 586

Expected upside move

T1 - 615
T2 - 645
T3 - 670
T4 - 700

Stop loss - losing 540 on daily closing basis

2024年7月22日

交易進行

Took an entry today as it was the best risk/reward ratio imo. If SL hits, will take small hit