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Jmfinancialltd

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.
NSE:JMFINANCILLong
by Its_Bhushan
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.
NSE:JMFINANCILLong
by CyborgTradingHub
2
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
NSE:JMFINANCILLong
by Avinash9087