JUBILANT INGREVIA LTD
Long
Updated

Jubilant Ingrevia (JUBLINGREA) – Short-Term Breakout Trade

181
LTP: ₹726.30 | Recommended Entry: ₹722.00 – ₹723.00
Type: Short-Term Swing / Intraday MTF Trade


✅ Trade Setup:
Breakout above horizontal resistance near ₹725.75

9 EMA has crossed 26 EMA (bullish momentum)

RSI at 60.84 – strong trend, room for upside

BB %B: 0.96 – price pushing upper band = momentum buying

Good volume breakout on daily TF confirms buying interest

🟢 Buy Zone: ₹722 – ₹723
🔁 On retest or 15-min candle close above ₹725.75 with volume

🎯 Targets:
T1: ₹738

T2: ₹750 (supply zone / fib level)

T3: ₹765+ (if breakout sustains in 1H)

🛑 Stop Loss:
Conservative SL: ₹707 (below support + 9EMA)

Aggressive SL: ₹712 (tight SL for intraday)

For Education Purposes Only

Trade active
🎯 Targets: T1: ₹738
Done

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