JAMNA AUTO SOON BREAKOUT 🎯180+

Jan 13, 2022

JAMNAAUTO has been consolidating in a rising channel pattern throughout its entire uptrend for around 1.5 years.

Price hasn't broken out from the channel. Expecting a breakout today or in the coming weeks.

If price breaks out, enter at the close and place stop loss below below 112 and look for targets of 180 to 200.

Keep stock in watchlist. Best to wait for the breakout instead of jumping in now as a breakdown can also happen.

Position size accordingly after breakout. HAPPY TRADING!

Jan 17, 2022

Trade active

Track closely. Breakout today. Wait for today's close and enter tomorrow.

Jan 21, 2022

Note

Price did not break out with good closing. Retraced back to channel and took support. Track closely and enter after a clear breakout.