Diamond bottom patter has been formed in Jm financial. Very very strong pattern. But for a target of 160 without any doubt. Same pattern was formed in Motilal ofs( Target achieved), Bengal Assam ( Target achieved) and birla corp ( Target achieved) . Enjoy this gift..
Jm Financial has formed a diamond bottom pattern which in itself is a very niche pattern. After breakout it has again tested the support. Clear move towards 160. same pattern was formed in motilal(target achieved) , bengal assam ( target achieved) and birla corp( target achieved). Also earnings were very strong this quater. Just buy
Target in picture is 1076. But the true target is 1400-1550. Totally based on technical analysis
may take support from the support line
Strongly moving towards the target of 390 with strong financials.