Jain Irrigation Systems Ltd.

Jain Irrigation Systems Ltd.

Sector PRINTING AND PUBLISHING

Stock has jumped has moved above 15 days Simple Moving Average after 25 days on 30/11/2012 with rise in volume. Share has hit two week high on 30/11/2012. Slow Stochastic & RSI is in Over Sold.

Recent price moves on 27/11/2012 indicates trend reversal and stock may Rise in near future.

Spinning top Candlestick pattern was formed, This normally happens after some news affecting stock is out. Traders can use the momentum to gain some quick returns provided other indicator are supportive This stock is in short term up trend.

This mean that a strong buying interest is in the stock and momentum traders may want to enter for quick gains. This stock is in short term up trend. One can keep add in to Portfolio.

Demand Area of 66.50-63 SL 59

In coming week headwind for it’s

SHORT TERM TGT 75-78 CLOSE Abv 76

LONG TERM TGT 103-112.