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.

交易進行:

hidden bullish divergence seen here

交易進行:

ascending triangle forming here,

look for breakout

交易進行:

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

交易進行:

cmp - 77.15, ascending triangle pattern tgt achieved here

交易進行:

moving up as expected, cmp - 81.4

交易進行:

till now 83.15

交易進行:

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