JAMNAAUTO 1 Day Time Frame

• Last close: ~₹124 – ₹124.36 on NSE/BSE.
• Recent daily range: Low ~₹116.60 – High ~₹126.55.

📊 Daily Support & Resistance Levels (Key Zones)

Pivot Point (Daily)

Daily Pivot ~ ₹120 – ₹123.55: Key reference for intraday bias — above is bullish, below is bearish.

Resistance Levels

R1: ~ ₹125–₹125.32 – first hurdle above pivot.

R2: ~ ₹128–₹128.38 – stronger resistance near recent swing highs.

R3: ~ ₹130–₹130.15 – extended upside pivot.

Support Levels

S1: ~ ₹120 – ₹120.49 – first support near pivot/MA levels.

S2: ~ ₹118.5 – ₹118.72 – next layer of downside support.

S3: ~ ₹115.5 – ₹115.66 – deeper support zone.

These pivot-derived levels are commonly used for intraday and next-day trading reference.

📈 What Technical Indicators Suggest (Daily)

Moving Averages / Momentum

Short-term MAs around 20–50 DMA are near the pivot zone, indicating mixed momentum around the current price.

On some technical panels, oscillators like RSI may be neutral or slightly bearish/bullish depending on the source — indicating no strong momentum bias right now.

🧠 How to Use This for a 1-Day View

Bullish Bias (short-term) if:
✔ Price sustains above daily pivot (~₹122–123)
✔ Break of R2 (~₹128–₹128.4) with volume

Bearish / Caution if:
❌ Price closes below S1 (~₹120)
❌ Momentum indicators turn down from resistance

⚠️ Risk & Notes

These levels are technical guides — not investment advice.

Price can gap on news earnings, market sentiment, or sector moves.

Always combine with your own risk management (stop-loss, position sizing).