All 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
📊 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
...
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.
📈 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 🚀
The 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...
Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get...
JM 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.
Breakout trading implementation:
1. **Identifying New Trends:** Breakout trading helps traders identify the beginning of new trends by focusing on price levels where an asset breaks out of its historical trading range.
2. **Volatility Indicator:** Breakouts often occur when there's increased volatility in the market. Monitoring breakouts can provide insights...
Good opportunity for swing trade in JM FIN.
JM FIN LOOKING BULLISH AS GIVEN DESCENDING TRIANGLE BREAKOUT WITH INCREASED VOLUME.
TARGET1= 120
TARGET2= 170.
64 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
