JUBILANT INGREVIA LTD
Long

Jubilant Ingerva expecting some major move

115
Jubilant Ingerva expecting some major move.

It has been on the down since long and seems to be in accumulation phase in recent past. Has shown 2 indication to break the current resistance of 513. If this level is broken and sustained with good volume then might see some move with the levels of 538-585-609-658-708 all based on volume. It's base levels are at 461-420 with strong base at 294 levels.

No recommendations, just my view based on chart pattern.

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