jamna auto looks bullish in medium term

Mis à jour
In weekly, it is in strong uptrend. also it closed above upper BB with high volume and BB is expanding.
snapshot

In daily, price broke out of previous peak with high volume,

fundamental wise - it is making consistent profit, positive cash flow, valuation moderate, good ROE.

with an initial sl - 54, one can ride the uptrend here.

Transaction en cours
hidden bullish divergence seen here snapshot
Transaction en cours
ascending triangle forming here, snapshot

look for breakout
Transaction en cours
breakout with good volume, from ascending triangle pattern, pattern tgt - 77

snapshot
Transaction en cours
cmp - 77.15, ascending triangle pattern tgt achieved here
snapshot
Transaction en cours
moving up as expected, cmp - 81.4
Transaction en cours
till now 83.15
Transaction en cours
till now 89.15, in weekly price at horizontal support and uptrend is still intact. snapshot
breakoutbreakouttradingBullish PatternsTrend Analysisuptrend

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