Trade Details
- Name of The Stock: NSE:JBMA
- Type of Trade: Momentum Investment or Positional Trade
- Duration: More than 60 days
- Entry Level: 1350.00
- Stop Loss: Initial 1080.00 (Trail accordingly)
- Target: above 1800.00
Chart it self explanatory.
Key Points:
- Up trending stock
- Trading near 52W high zine
- RS positive, momentum is high
-...
As per price action analysis, for educational purpose, my view on JBM AUTO has high probility to go up 15% or more within 10 days. You must study the fundamentals and other technical aspects.
Only for your eduactional purpose.
The stock has experienced a strong rally over the past two months and is currently trading well above its 50-day moving average. It would be prudent to wait for the price to reach the level of 1280 before considering any new positions, as this level holds significant importance as a support level.
1.JBMA had formed cup pattern and retest has been done
2.The stock is currently in uptrend
3.RSI is in exact position to rally
Reccommended for BTST with 3-5%return posibility of gap up is high
KEEP YOUR CHART AS SIMPLE AS POSSIBLE...LET YOU PROFIT SPEAKS😜🤩
JBM AUTO fully upward trend with bullish. In the day chart raising wedge breakout with bullish. If it sustains above 1259 it will reach the target of 1399
~All the information given in the chart is for the educational purpose only.
~Do your own research before investing.
~This is not my recommendation.
~My recommendation--LEARN MORE EARN MORE.
Stock Name - Jbm Auto Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 1073
#This is not Buy and Sell recommendation to any one. This is for education...
Stock Name - JBMA Auto Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 883
#This is not Buy and Sell recommendation to any one. This is for education purpose...
~All the information given in the chart is for the educational purpose only.
~Do your own research before investing.
~This is not my recommendation.
~My recommendation--LEARN MORE EARN MORE.
Stock Name - Jbm Auto Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 738
#This is not Buy and Sell recommendation to any one. This is for education...
- HL into the resistance and than consolidated at ATH
- Big volume accumulation during up move and near ATH
- Big volume BO of ATH
TIP : The stock tend to retrace to at least Fibo 50% every time it forms a big candle
JBMA gave a breakout with good volume, we can buy at current price level with SL @ 661 on daily closing basis TGT1 : 750 TGT2: 780
Note : It's your hard earned money always trade with SL, I'm just sharing my analysis
Manufactures of auto systems and city buses . Decreasing debt with more than 60% promoter holdings . Stock is near 52 week high. Movement above supply zone leads to a fresh momentum .
JBMA on Breakout and with good volume; above 561 on Monday 20th Feb for Intraday gains
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INTRADAY Trading Strategy based on 3 stages of a breakout:
1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within the first five to 15 minutes. "High Risk Traders" buys in...
JBM Auto Ltd is engaged in the automotive business that manufactures and sells sheet metal components, tools, dies & molds and buses including sale of spare parts accessories & maintenance contract of Buses.
JBM auto weekly time frame in Consolidation Mode .Its Ready to break the zone
Stock Price is Above 200 Ema Can Go Long
NSE:JBMA
This Stock has broken the 6month long consolidation channel with good volumes.
Divergence in 50/100/200 EMA is also visble.
One can buy in dips with 20EMA as Stop Loss for Short Term and 50EMA as Stop Loss if you wanna have a Long Term positon.
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult...
