jamna auto looks bullish in medium term

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

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.

Giao dịch đang hoạt động:

hidden bullish divergence seen here

Giao dịch đang hoạt động:

ascending triangle forming here,

look for breakout

Giao dịch đang hoạt động:

breakout with good volume, from ascending triangle pattern, pattern tgt - 77

Giao dịch đang hoạt động:

cmp - 77.15, ascending triangle pattern tgt achieved here

Giao dịch đang hoạt động:

moving up as expected, cmp - 81.4

Giao dịch đang hoạt động:

till now 83.15

Giao dịch đang hoạt động:

till now 89.15, in weekly price at horizontal support and uptrend is still intact.