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Wait for the handle breakout
JAMNA AUTO IND LTD
Long
Wait for the handle breakout
By UnknownUnicorn7819729
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Jun 1, 2021
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Jun 1, 2021
Results came in today, many short term traders booked profits.
Keep eye on the handle breakout (decisive closing above 81-82)
Cup and handle pattern formation in monthly time frame.
For momentum traders:
Buy above 82 for 100+ target.
From investors perspective:
This is a pure investment counter, look for 1-2 year hold.
You will be rewarded equally.
Huge growth expected. (200% to 300%)
For two consecutive quarters Diis and Fiis increasing stakes in the company.
Beyond Technical Analysis
Chart Patterns
Trend Analysis
UnknownUnicorn7819729
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