*disclaimer trade at your own risk, for educational purpose only**
1. Weekly outlook
2. RSI weekly @40 support zone
3. Price action on asymmetrical trend/ triangle breakout
4. Price structure support 3390 range if this breaks 3290 is strong support (hope this will not even test again)
5. Target T1- 3680, T2 - 3760, T3- 3900/ATH
6. 3400-3450 range good for entry...
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.
BAJAJHLDNG trading above all major Moving average in Daily as well as Weekly Time frame.
1st it gave Breakout above 3000 level and now consolidating in a short range. Also trading above 61.8% fib level which is good bullish sign.
Buy rage - Above Purple TrendLine with the daily closing basis SL of 3000.
As per my weekly chart analysis my 1st target - 3940, 2nd...