JSSL | Recent ATH breakout and potential Entry at the confluence

STOCK TREND - BULLISH

MULTI TF ANALYSIS
==================
MONTHLY - ATH breakout
WEEKLY - Ascending Triangle breakout with Marubozu candle
DAILY - RTS breakout


TECHNICAL ANALYSIS
===================
Stock Price is trading above [50, 100, 200] SMAs
RSI > [60]
VOLUME > [20] MA
Support/Resistance Zone - [420.20 - 499.70]
Demand Zone - [456.50 - 493]

Observation - Breakout has been confirmed along with RSI and Volume confirmation on daily chart. We shall expect price to cpme back to the DZ at the confluence of Resistance turned Support and Trendline.


FUNDAMENTAL ANALYSIS
======================
Compounded Sales Growth - [45%]
Compounded Profit Growth - [34%]
Stock Price CAGR - [136%]
Return on Equity - [39%]

Note: The stock is currently little overvalued as Stock PE(71.97) > Industry PE(34.3).


TRADE DESIGN
=============
ENTRY - [493]
SL - [433]
TARGET - [720]
RRR - [1:3.78]+

Disclaimer: This chart study is for educational purpose only. Kindly trade at your own risk.