JM Financial is approaching a major breakout zone around ₹200, which has acted as a strong resistance for several years. The stock has built a solid base and is showing renewed momentum with strong monthly candle structure and improving volume.
If it manages to break and sustain above ₹200, it could mark the beginning of a long-term trend expansion phase. MACD is turning positive on higher timeframe — adding to the bullish setup.
📊 Positional Trade Plan
Entry: Above ₹200 (monthly closing or breakout confirmation)
Stop Loss (SL): 10% below entry or as per your risk
Target: 🎯 ₹300 (Long-term positional target)
View: A monthly close above ₹200 can trigger a strong multi-month breakout — ideal for investors with medium-to-long-term outlook.
If it manages to break and sustain above ₹200, it could mark the beginning of a long-term trend expansion phase. MACD is turning positive on higher timeframe — adding to the bullish setup.
📊 Positional Trade Plan
Entry: Above ₹200 (monthly closing or breakout confirmation)
Stop Loss (SL): 10% below entry or as per your risk
Target: 🎯 ₹300 (Long-term positional target)
View: A monthly close above ₹200 can trigger a strong multi-month breakout — ideal for investors with medium-to-long-term outlook.
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.