Jamna Auto - big breakout stock gaining momentum
Jamna auto cmp is 107
The stock made high of 100 in year 2017 and then made low of 21 durind covid crisis. Then again touch high of 130 plus levels and now trading at 105-107.
The stock is making cup and handle pattern, also big buying volumes have come around 100-110 levels, suggesting big move coming up for atleast 170 levels.
Then may go past 200 levels.
Over fundamental basis , annual profits are increasing yoy basis supporting increase in the share price.
Thanks.
The stock made high of 100 in year 2017 and then made low of 21 durind covid crisis. Then again touch high of 130 plus levels and now trading at 105-107.
The stock is making cup and handle pattern, also big buying volumes have come around 100-110 levels, suggesting big move coming up for atleast 170 levels.
Then may go past 200 levels.
Over fundamental basis , annual profits are increasing yoy basis supporting increase in the share price.
Thanks.
this close is after 290 days which shows bulls have taken control of the field.
also quarterly results of april - june was up from 37 crs to 46 crs year on year.