JM FINANCIAL LTD ANALYSISImagine a stock that went nowhere for 8 years, trapping capital and frustrating investors. Now, imagine that same stock breaking out of that decade-long range, hitting an all-time high, and showing explosive strength while the market chops.
This is the story of JM FINANCIAL LTD, and it's why it's my Chart of the Week.
The Analysis - The current price is ₹180, and the technical picture is compelling. Here's what I see:
🟢The Multi-Year Breakout: This isn't just any breakout. JM Financial has overcome a massive 8-year resistance zone.
Stocks that emerge from such long consolidations often have the fuel for extended, powerful trends.
🟢Textbook Retest: After making a new All-Time High, the stock has pulled back to retest the very resistance it just broke.
This is a classic "resistance-turned-support" setup, offering a well-defined entry point.
🟢Clear Relative Strength: While many stocks faltered in recent volatility, JM Financial has held firm. This resilience is a hallmark of a potential market leader. Its character has fundamentally changed from dormant to dynamic in just the last 3 months.
🟢Institutional Footprints: A crucial catalyst is the recent increase in FII (Foreign Institutional Investor) stakes.
When big money starts showing interest after a long period of quiet, it's a signal we must respect.
My personal take- I've watched this stock before. We even featured it in a previous COW, but the trade didn't work out. It lacked strength and we exited for a good loss. The market told us it wasn't ready.
Now, the evidence has changed dramatically. The strength is undeniable.
My trade plan- This setup offers a favorable Risk/Reward ratio right now because the stock is not over-extended.
🟢My Stop-Loss: My risk is clearly defined with a stop at ₹152.81.
🟢My Target: I'm anticipating an initial move of 35-40%, after which I will look to trail my stop to capture a potentially larger trend.
This is a high-conviction setup where technical strength, institutional interest, and a clear change in character are all aligning.
Jmfinanciallong
JM FINANCIAL LTD - Bullish Flag & Pole Breakout (Daily T/F)Trade Setup
📌 Stock: JM FINANCIAL LTD ( NSE:JMFINANCIL )
📌 Trend: Strong Bullish Momentum
📌 Risk-Reward Ratio: 1:3 (Favorable)
🎯 Entry Zone: ₹150.00 (Breakout Confirmation)
🛑 Stop Loss: ₹125.00(Daily Closing Basis) (-16.75 % Risk)
🎯 Target Levels:
₹159.86
₹170.36
₹181.56
₹193.49
₹206.21
₹218.00 (Final Target)
Technical Rationale
✅ Bullish Flag & Pole Breakout - Classic bullish pattern confirming uptrend continuation
✅ Strong Momentum - Daily RSI > 60, Weekly RSI >60 Monthly rsi >60
✅ Volume Confirmation - Breakout volume 45.77M vs previous day's 2.32M (Nearly 22 times surge)
✅ Multi-Timeframe Alignment - Daily and weekly charts showing strength
Key Observations
• The breakout comes with significantly higher volume, validating strength
• Well-defined pattern with clear price & volume breakout
• Conservative stop loss at recent swing low
Trade Management Strategy
• Consider partial profit booking at each target level
• Move stop loss to breakeven after Target 1 is achieved
• Trail stop loss to protect profits as price progresses
Disclaimer ⚠️
This analysis is strictly for educational purposes and should not be construed as financial advice. Trading in equities involves substantial risk of capital loss. Past performance is not indicative of future results. Always conduct your own research, consider your risk appetite, and consult a financial advisor before making any investment decisions. The author assumes no responsibility for any trading outcomes based on this information.
What do you think? Are you watching NSE:JMFINANCIL for this breakout opportunity? Share your views in the comments!
Bullish Breakout: JM Financial Above 120, Targeting 195Details:
Asset: JM Financial Limited (JMF)
Breakout Level: Sustained move above 120
Potential Target: 195
Stop Loss: 110
Timeframe: Medium-term
Rationale: JM Financial Limited (JMF) has broken a long-term resistance at 120 after months of consolidation. This breakout suggests the potential for a strong upward move, with a target of 195 in sight.
Market Analysis:
Technical Breakout: After consolidating for months, JM Financial has broken through the key resistance level of 120, indicating strong bullish momentum and the potential for further upside.
Market Sentiment: With the breakout and bullish technicals, the stock is likely to attract more buying interest, fueling its rise toward the 195 target.
Price Target:
The target for JM Financial is set at 195, based on the strength of the breakout and historical price movement.
Risk Management:
A stop loss at 110 ensures that risk is managed in case of a pullback or false breakout. This stop loss level is close to the pre-breakout level and provides a cushion for volatility.
Timeframe:
The move towards 195 is anticipated over the medium term, with the actual timing subject to market conditions.
Risk-Reward Ratio: A favorable risk-reward ratio is expected given the breakout, with the target of 195 providing substantial upside while the stop loss at 110 limits downside risk.
As always, conduct thorough analysis and consider factors such as market trends, company fundamentals, and risk management strategies before making trading decisions.
JMFINANCIL Analysis!NSE:JMFINANCIL Analysis on a 4H Timeframe!
Short Term Movement Analysis on JMFINANCIL!
Double Bottom Pattern Formation in JMFINANCIL!
Double Bottom Neckline breakout at JMFINANCIL!
Analysis:
JMFINANCIL was in the Downtrend since 29 Jan 2024. We can clearly see it has made a Double Bottom Pattern. It also given the breakout to its resistance level which is nothing but pattern's neckline. After that it has retested the resistance level which becomes the new Support level. The bullish momentum started building after the breakout.
Consideration while taking the trade on Double Bottom Pattern:
1)Previous trend should be a downtrend
2)Volume at bottom 1 should be greater that Volume at bottom 2
3)The bottoms should be below 50EMA
Trade Setup=
Entry= Not recommend to enter now as price went way far from the breakout
Target= 110.78
Disclaimer = Consider my analysis for Educational Purpose only.
Before entering into any trade -
1) Educate Yourself
2) Do your research and analysis
3) Define your Risk to Reward ratio
4) Don't trade with full capital
JMFINANCIL - Ichimoku Bullish Breakout Stock Name - Jm Financial 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 80
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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