The stock has been gaining strength and is hovering just ~5% shy of its all time high levels. I suppose it should soon meet and cross the ATH of 102.5 which is target 1, and can fly further to 110. Please follow us for more trading setups like these. If you have any queries/suggestions related to above pattern, feel free to type below in the comment section. Do...
The stock has come out of its consolidation zone. The RSi is now above 65 so an uptrend is expected . The targets are shown on chart.
#RICOAUTO LONG TERM INVESTMENT NSE: RICOAUTO CMP 49.05 Target 68.30 SL 44.25 Profit 40% Can Hold For Long Term Factors: Trend Following Follow the trends. Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT...
Jamna Auto in the daily chart showing a bearish reversal as per Harmonic Cypher Pattern. Strategy: One can enter a short trade at or below 57 ( Fibonacci 0.786 level) with a Stoploss of 65. The exit may be planned at 31 marks. Risk Reward ratio -: 1:2.5
The stock has given breakout. Retest level: 60-65 Buy on dips. CMP: 70 Target: ATH
Disclaimer :- This is not any buy or sell recommendation. This is just my view on this counter. Thank You ! There is a kind of inverted head & shoulder pattern breakout generated in JAMNAAUTO on weekly chart. Next levels as below :- First Target :- 78.00 Second Target :- 85.00 Stop Loss :- Below 65 on closing basis.
- Looks good for shot-medium term if sustains above Weekly Breakout Level
Jamnaauto - given BO in daily TF and can go for Swing. Targets - 66 and 71 and further. Invest with proper Stop loss.
JAMNA AUTO :- 52/54 buy level if stock cool down then add till 47rs with STOPLOSS of 40dcb for target 80++ #Disclaimer:-I just shared view for only educational purpose.
#jamna Auto, Flag Pattern, 200 DMA is a strong resistance. Break with Volume can see a good rally of 10-15%... Keep a watch
buy if break the trend line. Thank you earnology
As per the Auto Index chart, it is consolidating in a downward diagonal channel, but there are companies in auto sector, (industrywise) which may outperform due to their strong fundamentals. In Automobile Sector - Leading Companies Industrywise 1. AshokLeyland (Commercial Vehicle) 2. Jamna Auto/Automotive Axles (Auto Ancillaries) 3. VSTTractors/ Escorts ...
Might see some lower levels right now