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| Jupiter Fund Management Plc |
RECOMMENDATION BUY
TARGET 396
The Major trend of Jupiter Fund Management Plc is sideways and it is
showing strength for buying. If it moves above the resistance then
one can initiate the long position in the stock. If it breaks the
level of 386.50 upside then it can show upside movement for the
target of 396 with the stop loss of 378.
CHART FORMATION:-
Stock is expecting for breakout of level line and buying can be seen
in the chart. Crossing the resistance will lead to upside movement.
Stock is trading above the 200 & 50 DMA with positive bias.
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| Technical Chart |
INDICATORS:-
RSI is trading near to 62.21 level with positive bias, in upcoming
session upside movement is expected.
MACD and Signal line is sustaining above the zero level line.
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