JAMNA AUTO IND LTD
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jamna auto looks bullish in medium term

Atualizado
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.

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hidden bullish divergence seen here snapshot
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ascending triangle forming here, snapshot

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

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