Buy JBM Auto Short Term Trading Advice by Goodluck Capital
Buy JBM Auto
Buy Range- 2020 - 2080
Target- 2250 - 2300
StopLoss- below 1900
Potential Return- 10-12%
Approx trade duration 14 - 15 days
Jbmauto
JBM AUTO - Swing Trade Analysis - 30th April #stocksJBM AUTO (1D TF) - Swing Trade Analysis given on 30th April, 2024
Pattern: FALLING WEDGE BREAKOUT
- Trendline Resistance Breakout - Done ✓
- Consolidation - Done ✓
- Pullback Candle with Volumes - Done ✓
* Disclaimer
Will Motherson Wiring (MSUMI) ride with other auto ancillaries?After NiftyAuto n its stocks saw nice momentum, now with good results in Auto proxy Ancillaries sector, stocks are also performing: Balkrishna Ind, Amara raja, Exide, Uno Minda, JBM Auto, Lumax, Rico auto showing good demand.
Now come to MSUMI analysis, why it can give returns?
FA:
-First of all decent growing QoQ, YoY and overall FY24 growth results for the company.
-ROE: 42.4% (highest among top leaders and ROCE: 48%
-Debt to equity : 0.15 (low)
TA:
-DTL BO Anticipation (Down Trend Line Breakout), tested trend line(TL) 6 times.
-HLs
-VCP in action
-Green vol > Red Vol (only concern can be big supply on 17/may but it can taken as final flushing of supplier from TL resistance, if now tested can break easily)
-Shakeouts are there (kicking out weak players)
-Tight closes with low vol
Overall loving the setup if possible will take cheat entry (Cheat : early entry from small base before BO in anticipation of BO)
3 Swing trading ideas and Market plan for coming week I daily make educational content videos for swing / positional trading
Formation of cup pattern and retest1.JBMA had formed cup pattern and retest has been done
2.The stock is currently in uptrend
3.RSI is in exact position to rally
Reccommended for BTST with 3-5%return posibility of gap up is high
KEEP YOUR CHART AS SIMPLE AS POSSIBLE...LET YOU PROFIT SPEAKS😜🤩
JBMA - Ichimoku Bullish Breakout Stock Name - JBMA Auto Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 883
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
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JBMA - Ichimoku Bullish Breakout Stock Name - Jbm Auto Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 738
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, share & subscribe for daily analysis.
JBM AUTO - 30% RETURNS!!!BUY - JBM AUTO LTD
CMP - Rs. 627
Target - 1: Rs. 672
Target - 2: Rs. 790
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Technicals - 1) ABC Harmonic Pattern
2) Price Volume Breakout
3) Fibonacci Retracements
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Follow me for more!
JBM Auto - Escaped from Consolidation stageManufactures of auto systems and city buses . Decreasing debt with more than 60% promoter holdings . Stock is near 52 week high. Movement above supply zone leads to a fresh momentum .
JBM auto weeky Time Frame JBM Auto Ltd is engaged in the automotive business that manufactures and sells sheet metal components, tools, dies & molds and buses including sale of spare parts accessories & maintenance contract of Buses.
JBM auto weekly time frame in Consolidation Mode .Its Ready to break the zone
Stock Price is Above 200 Ema Can Go Long
JBMA - Ichimoku Bullish Breakout Stock Name - Jbm Auto Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 504.
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, share & subscribe for daily analysis.
JBM AUTONSE:JBMA
Good to keep on the radar
Always respect SL & position sizing
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Trade Secrets By Pratik
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Disclaimer
SEBI UNREGISTERED
This is our personal view and this analysis
is only for educational purposes
Please consult your advisor before
investing or trading
You are solely responsible for any decisions
you take on basis of our research.
STOCK ANALYSIS FOR THREE DAYS JBM AUTOGood evening friends we are expressing our opinion on JBM AUTOSEE VIDEO for details lelvel to watch is 1560
REGARDS.
JBM AUTO LTD Daily Chart Analysis 30.11.2021JBM AUTO LTD as per daily chart analysis for last few days its been consolidating and even in the weekly chart its under consolidation. so anything above 982 level and target 1000.
JBM breakout doneBreakout is very clear on weekly and daily charts.
Wait for retracement and add there.
450-460 should be good level's to add.
JBM Auto Cup and Handle PatternMedium Term Trade: JBM Auto breaks out of a cup and handle pattern.
Buy: JBM Auto
Last Close: 499
Target: 560
Stop Loss: 470
