Jubilant Ingrevia Ltd.
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Trendline breakout in Jubilant Ingrevia

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Jubilant Ingrevia is a multibagger stock from 2021-22 bull run which has now corrected to a fair value.
The stock has given a trendline breakout as well as a breakout from a supply zone with good volumes. Also, the stock is already forming higher highs, higher low,. Keep this stock in watchlist as the next supply zone is at 500-510 levels.
However, this is a very risky stock to invest and the next strong support is deep near 390-400 levels. One can try to buy the dip near 425 for a better risk reward .

Note:-Idea has been shared for educational purposes and should not be considered as a recommendation.
노트
This consolidated for a year post breakout and finally giving some move. Keep in watchlist.

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