Dexto_8912

Wait for the handle breakout

Long
NSE:JAMNAAUTO   JAMNA AUTO IND
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.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.