1.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😜🤩
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...
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...
Manufactures 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 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
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...
NSE: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...
JBM 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.
