JMFINANCIL trade ideas
JM financial : looks good for swingVolume : good
Triangle breakout : yes
Buy on pullback, when it comes down to retest
85 to 87 : buying zone
SL day close : 76
Targets : 101+, 120+
Swing trade : watch for resistance breakout very near to breakout and volume is increased sharply.
buy above 87.50 target 97, 100, 110, 118
gut feeling may hit 20% UC any day if gives breakout.
JM FINANCIL gave BO.ready to give move now.Hello traders,
JM FINANCIL has been consolidation in a symmetrical triangle for 2 months.
Gave a breakout now and sure that this will give move according to the mentioned tgts.
good for both swing and intraday trades.
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Aniket.
JM financial - 1D chart, double trend line confirmationOnly enter oce you get a proper breakout or reversal, Kindly support if u find this useful
JM FINANCIALBUY only above 105. The script shows renewed uptrend both in short as well medium term. In medium-term 123 is a very crucial level. This script has seen some good accumulation coming at lower levels. In short term to medium price can inch from current levels to 123 levels. If the price crosses that with good volumes then we can expect a clear trend in the script and can move towards 170 levels. Stoploss @ 93
JMFINANCIL - Swing Long - Target 100-112Price is printing above 20 & 50DMA. Moreover, accumulation is going on on regular basis. Suitable for short term long.
HISTORICAL MARKET ANALYSIS : JM CORE/ JM FINANCIAL NSE INDIATHIS IS TO PROVIDE SOME HISTORICAL MARKET DATA.
FUTURE ANALYSIS WILL BE AVAILABLE SOON.
STAY CONNECTED.
THANKS.
JM Financial Intraday Guidance, Short! 3-4 trading sessionsYou may enter for Target 72 with Stop Loss 85.5
JM FINANCIL buy setup - Excellent risk reward tradeBuy JMFINANCIL between 85-82
T1: 91.50
T2: 100
T3: 105
SL: 78
HIGH - LOW Trend Reversal.All plotted & Mentioned on Chart.
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Disclaimer: Only For STUDY. Not having SEBI registration as Analyst, For Taking Trade Decision Consult Financial Advisor
#JMFINANCILAwaited on Daily
High> 161.90
And Close > 157.50
For Reversal Confirmation
CCI W on Buy Hold
CCI M > 100
JMFINANCIAL demand zone, fib retracement 61.8 and 50 DEMA JMFINANCIAL is taking support at a daily demand zone, fib 61.8 line and 50 day EMA stock personality
Buy at 155
Target 177
CBSL 152
Risk:Reward 1:11
JMFIN - Ascending triangle in action!Scrip should manage to cross the crucial resistance levels marking new highs if breakout with higher volume surge is seen to complete and validate the ascending triangle pattern :)
Bullish strength affirmation
1) SMA - 15 SMA is above 200 SMA and Price range has gone below 15SMA so for now, there is strength in the scrip movement
2) Golden cross - As marked in chart, Short-term moving average (such as the 15-day moving average) breaking above its long-term moving average (such as 50-day moving average) The golden cross indicates a bull market on the horizon and is reinforced by high trading volumes however, high trading volume is yet to be seen as prior for reinforcement to be gained
3) Volume contract while the scrip is ascending in ascending triangle and bulls have managed to maintain their grip
Anticipating the scrip to reach target price after breakout
Call - 1.5 to 2 months
Sound fundamentals : www.screener.in
Pros:
- Company is expected to give good quarter
- Company has good consistent profit growth of 31.02% over 5 years
- Company has been maintaining a healthy dividend payout of 28.25%
Cons:
- Debt mounting although NBFC company has adequate Interest Coverage: ₹ 2.23
- Negative cash flow
JM Financials Breakout.Stock broke out of consolidation between 112 to 130. Prior uptrend now resumes. First target of (130-112)+130= 148.
Following trail with Edelweiss Most of Financial solution's companies are showing strong uptrend and this one is Promoted by One of most respect market man Nimesh Kampani seems finally join the rally. One can stay for the long to gain maximum return. SL-76
