JM financial stock looking good for swing trading as well as positional trading above 86✅
On a weekly chart, the stock has made retest of the previous breakout zone and seems to be bottoming out.
The neckline of a double bottom pattern is at 86. Wait for the price to surpass above 86 after which it could be a good time to execute a trade.📈
Entry: Above 86✅
SL: 77❌
TGT 1: 98.5🔥
TGT 2: 114.28📈
Positional traders can hold till the 133 and 191 as their higher targets.📈📈
Note: Do your own analysis before entering into a trade.
On a weekly chart, the stock has made retest of the previous breakout zone and seems to be bottoming out.
The neckline of a double bottom pattern is at 86. Wait for the price to surpass above 86 after which it could be a good time to execute a trade.📈
Entry: Above 86✅
SL: 77❌
TGT 1: 98.5🔥
TGT 2: 114.28📈
Positional traders can hold till the 133 and 191 as their higher targets.📈📈
Note: Do your own analysis before entering into a trade.