Jana Small Finance Bank's stock using technical analysis, specifically focusing on a bullish pattern (Hammer Candle) as an indicator for a potential price reversal. Here's a summary of your trade setup:
Entry Price: 390-410
Stoploss: 365-360 (based on the closing base)
Target: 465-480
This strategy seems to hinge on the confirmation of the hammer candlestick pattern signaling a potential upward movement. Be sure to monitor market conditions closely, and adjust your stop loss or target based on any changes in price action or broader market sentiment.
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