Chart Of The Week ( 24 January 2021)
1) Jubilant Life Science Limited (JUBL)- Click on the chart to enlarge view. C MP-934.00 RECO-Buy Entry Range-Rs.900.00–950 Target-1250.00/1500.00 Stop Loss- 840.00 Closing basis Duration- 06 to 12 months *Stock has given a Inverted H & S Pattern breakout on weekly chart and trading near lifetime high on weekly basis. *If we look at the volume part, significant volume activity is witnessed at the time of breakout. *Price has also trading all the important moving averages. *Considering all technical evidences we may see good up move in Jubilant Life science Limited. 2) Minda Industries Limited - Click on the chart to enlarge view. CMP-489.00 RECO-Buy Entry Range-Rs.450.00–500.00 Target-600.00/820.00 Stop Loss-400.00 closing basis Duration- 06 to 09months *Stock has given a 2.5 years long consolidations breakout on weekly chart. *If we look at the volume part, significant volume activity is witnessed at the time of breakout. *Price has also trading all the important moving aver...