Reason for long a) Triple Green set up b) Triangle Breakout c) Vwap breakout d) weekly breakout e) If market support it may reach another 15% upside f) Open=low set up g) channel support h) SL compulsory i) Fundas okay
It seems that the stock recently reached its support level and started moving higher. It also touched a trend line on its way up. In my opinion, there's a good chance the stock could continue its upward trend and potentially reach a level around 130. This would represent a gain of approximately 10-12% from its current price
Details are given in chart This is for education purpose only
Jamna Auto is taking support at previous swing high on monthly time frame and formed Morning start pattern. Possible upside move for 25~30% gains. Risk Reward ration - 1:2 CMP @ 103 | TGT @125~130 | SL @ 93 Disclaimer: It is completely for educational purpose, not a buy/sell call.
Reason for long a) Mr.14 set up b) weekly breakout c) channel breakout d) Good risk reward zone e) consolidation breakout f) QQE long g) super trend long SL compulsory
📊 Details Incorporated in 1954, Jamna Auto Industries Limited is a suspension manufacturer and supplier for all segments of commercial vehicles Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst. If you found this analysis helpful, I encourage you to like and share it. Your observations and comments...
Jamna Auto made cup and handle BR above 117, tgt 138
Buy @ 115-120 SL 105 Target : 150-180-210++ Auto sectors looks like it will have a strong growth in coming months.
Jamna Auto is trying to break the consolidation range since last month. Keep on radar. Stock is showing good momentum today.
Jamna auto cmp is 107 The stock made high of 100 in year 2017 and then made low of 21 durind covid crisis. Then again touch high of 130 plus levels and now trading at 105-107. The stock is making cup and handle pattern, also big buying volumes have come around 100-110 levels, suggesting big move coming up for atleast 170 levels. Then may go past 200 levels. Over...
Jamna Auto is consolidating since last 11 month. Stock is trading near breakout zone. Keep on radar above 117
Channel BO JAMNAAUTO Buy above 107 SL below 99 Targets 110, 113, 117, 122 ***Educational Purpose only***
Downtrend trendline breakout in Jamna Auto Ind Ltd with very high volume
Jamna Auto shows a triangle breakout with volumes. It can retest and further continue its rally for a target of 140 approx. Do your own research too.
Jamna Auto is looking good to break 10 month consolidation. Keep on radar for closing above 117.
monthly rsi above 55. rs positive. good move if you like my idea press boost button and share. thank for your support.