JUBLINGREA Price action trade set up
Double Bottom Pattern
A significant technical development is the formation of a double bottom pattern, which is considered a bullish reversal signal. The stock formed two distinct lows at approximately ₹643, indicating strong support at this level. A breakout above the neckline at ₹765 has been confirmed, suggesting potential for further upward movement1.
Price Targets
Short-term price targets for JUBLINGREA include:
Upside targets: ₹864.05, ₹857.47, ₹870.63
Downside targets: ₹840.75, ₹834.17, ₹824.033
For the mid-term, the stock is in an uptrend with potential targets of ₹925.15 or ₹885.00
A significant technical development is the formation of a double bottom pattern, which is considered a bullish reversal signal. The stock formed two distinct lows at approximately ₹643, indicating strong support at this level. A breakout above the neckline at ₹765 has been confirmed, suggesting potential for further upward movement1.
Price Targets
Short-term price targets for JUBLINGREA include:
Upside targets: ₹864.05, ₹857.47, ₹870.63
Downside targets: ₹840.75, ₹834.17, ₹824.033
For the mid-term, the stock is in an uptrend with potential targets of ₹925.15 or ₹885.00
Clause de non-responsabilité
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.