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vickysharma2603
Jul 17, 2022 6:33 PM

Jamna Auto Analysis 17 Jul 2022  Long

JAMNA AUTO INDNSE

Description

Hi viewer, hope you are doing great.
I am super bullish in this stock because it looks like flag and pole, if it breaks channel on the upside then, 52 week high will be achieved shortly and trail stop loss for more targets.
And your stop loss will be channel's bottom.
If you see the chart clearly, when ever it comes near the blue dotted line which is a 200 Moving Average support, it goes up.


Disclaimer : I am not a SEBI advisor, please consult your financial advisor before investing.

Thanks.
Have a great day!
Comments
GODGIFTED9091
should we exit it
vickysharma2603
@GODGIFTED9091, You took trade ?
You shall wait for channel break and 1D candle or 1H candle if sustains above Descending channel, then should buy.
If you can handle some pain, then keep sl of 119
GODGIFTED9091
Again in the channel... Should I hold, any target
vickysharma2603
@GODGIFTED9091, Wait for a 1D candle to close out of channel.
If you are in loss, then add SL of 124, if 15min candle sustains below 124 you can exit.
GODGIFTED9091
My buying price is 130, any target.... I have calculated 146
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