Marketik

Jubilant Ingrevia Following Price Action Excellently

NSE:JUBLINGREA   JUBILANT INGREVIA LTD
-Broke upper resistance then consolidated for 30-40 days & also retested previous resistance

-Previously Rsi gave breakout with stock and now Rsi retested with stock and already started rally before stock itself, this shows stock has good strength

-Now reversed with very strong candle, if closes above 570 this week then rally will start

-previously it gave excellent momentum after breakout expecting same to happen this time

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A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
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