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JTEKT INDIA - Weekly and Monthly VCP with a 6 year old breakout.
JTEKT INDIA LTD
Long
JTEKT INDIA - Weekly and Monthly VCP with a 6 year old breakout.
By Rugminik
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Apr 22
7
Apr 22
The stock has broken upside of it's important supply region - 2018 all time high levels , clear Volatility contraction in place.
Breakout and Retest has happened - level - 162.
As per the Technical pattern, target of minimum 236 is seen.
As mentioned in charts,
My entry at 178 with an SL of 5%, target of 30% - 236 - Trailing as per Price Action.
equitytrading
indianstocks
JTEKTINDIA
monthlybreakout
priceaction
Supply and Demand
Support and Resistance
swingtrading
Trend Lines
VCP
volatilitycontraction
Rugminik
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