Bearish Piercing line on Jain Irrigation
Updated
Price rejecting and breaking out the support at 60 with good volume. Target 1 will be the bottom of the short term trend channel at 55 and Target 2 at the bottom of the main trend channel at 50. Stops above the piercing pattern at 62.
Trade active
Traget 1 achieved.Trade closed: target reached
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.