JUBILANT INGREVIA LTDMis à jour

Head and shoulder in Jubilant Ingrevia

Chart has formed a diagonal head and shoulder pattern. It has been moving up since June forming a base in curve structure. Recently started to trade above 200 daily moving average.
Note
Stock is showing signs of weakness. Price is still consolidating near Rs 517. But the overall role of head and shoulders is over.

Clause de non-responsabilité