JM Financial on resistance About to breakout. Once close above the resistance. It will give minimum 30 - 40%. Please do your research. Not recommended for buy or sell.
JMFINANCIL trade ideas
JM Financial About to Breakout JM financial is about to breakout above 117. Target will be 150+. Wait for close above 117. Please do your research before investing
Breakout with volume from Longerterm Downtrend .#JMFINANCIL
It is an integrated and diversified financial services group. Its primary businesses include mortgage lending, distressed credit, asset management.
Market Cap 10,836 Cr.
ROE 7.55%
InstHold 26.4%
Breakout with volume from Longerterm Downtrend .
JM finance trend analysis It broke the trend line ana moved upward. Once broke 116 in Weekly chart we can expect 140 , 160 and 200
6.5 Year Old Resistance Breakout And Strong Closing With Volume-6.5 Year Old Resistance Breakout And Strong Closing With Volume
-symmetrical triangle breakout with high volume
-retest also done in lower time frame
-rise in rsi and adx shows strength in momentum
JM FINANCIAL LIMITEDBUY @ 101.15 RS
TARGET @ 110.05 RS
BUYING CONFIRMATIONS: Rounding bottom breakout
Expected returns are around 8.58 %
JMFINANCIL | Swing Trade📊 DETAILS
Sector: Finance - Investment
Mkt Cap: 9,679 cr
JM Financial Ltd is an integrated and diversified financial services group. Its primary businesses include mortgage lending, distressed credit, asset management. It is also engaged in investment banking and the management of private equity funds.
TTM PE : 15.94 (High PE)
Sector PE : 32.05
Beta : 1.05
📚 INSIGHTS
Value Trap
Affordable valution for this stock may tempt investors to buy. Be selective, keeping in mind balance sheet fundamentals.
5.43% away from 52 week high
Outperformer - JM Financial up by 11.73% v/s NIFTY 50 up by 4.15% in last 1 month
📈 FINANCIALS
Piotroski Score of 2/9 indicates Weak Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
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Amazing swing trading idea for 15 January Markets I daily make educational content videos for swing / positional trading
JM FinanceAll detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 in first target. This is not call, Just my idea. Please understand your risk and take full responsibility of your actions
SL Day candle close only, Target Trigger Price
JMFINANCIL | Swing Trade📊 DETAILS
Sector: Finance - Investment
Mkt Cap: 8,300 cr
JM Financial Ltd is an integrated and diversified financial services group. Its primary businesses include mortgage lending, distressed credit, asset management. It is also engaged in investment banking and the management of private equity funds.
TTM PE : 13.64 (Average PE)
Sector PE : 30.55
Beta : 1.03
📚 INSIGHTS
Value Trap
Affordable valution for this stock may tempt investors to buy. Be selective, keeping in mind balance sheet fundamentals.
9.38% away from 52 week high
Underperformer - JM Financial down by -2.03% v/s NIFTY 50 up by 7.57% in last 1 month
📈 FINANCIALS
Piotroski Score of 2/9 indicates Weak Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
JM FINANCIAL JM FINANCIAL LOOKS GOOD, It has given a strong break out you can buy now as per your knowledge and expect target of long term of 150. If it break the level of 120.
jm finanical ready to breakout
📈 Breaking News: JM Financial (Stock: JM) is poised for a significant breakout, with an anticipated return of 16-32%. Market analysts predict a lucrative opportunity for investors as positive indicators align. Seize the moment and consider capitalizing on this potential upswing in JM Financial for promising returns. #StockMarket #Investing 🚀
JMFINANCIL - Weekly chart, Wedge Pattern, Huge potentialThe analysis is done on Weekly TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is explained in image itself.
NOTE - Usually Price Shows reversal with help of certain setups - Inverted H&S, Cup & Handle, Wedge pattern & Ascending Triangle Pattern.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis
Long after cup and handleIt’s cup and handle BO and likely to go up 40% more according to TA.
It’s not a recommendation to buy just a pattern to analysis.
JM Financial - Positional tradeJM Financial - Positional trade
Big range breakout and retest done.
Increasing volume during breakout.
Good positional trade setup.
Add around 87 with SL below 77 and trial till 117 at least.
JM FINANCIAL looking bullishGood opportunity for swing trade in JM FIN.
JM FIN LOOKING BULLISH AS GIVEN DESCENDING TRIANGLE BREAKOUT WITH INCREASED VOLUME.
TARGET1= 120
TARGET2= 170.
JM FINANCIALBreakout chart for longterm target of 170
Double Bottom pattern on downtread side , reversal possible for next rally
#JMfinancial64 is crucial level for JMFinancial to save. if not saved on monthly closinb basis then too much pain ahead.
big fall may be buying opportunity. level for buying later
JM Financial Bullish BiasVolume build up
JM Financials W breakout on Cards
SL 70s zone
Target 1: 110
Target 2: 124
