A NEAR PSYCHOLOGICAL SUPPORT SEEN IN NSE: JBMA AUTO
🔸️A technical analysis of JBM Auto Ltd. (NSE: JBMA), outlining a long-term investment plan with an investment period of 3-5 months. Here's a breakdown of the levels and strategy:
✅️Entry Timing: Wait for the price to either approach ₹1,389 for an optimal entry or confirm an upward breakout.
☑️Entry: ₹1,389.10
🔴Stop Loss: ₹1,352.30
🔰Targets:
🟠TP1: ₹1,449.90
🟡TP2: ₹1,499.85
🔵TP3: ₹1,606.25
🟢TP4: ₹1,681.00
♻️Holding Period: 3-5 months.
🚰Strategy: Buy near ₹1,389, use stop loss, and book profits gradually at targets.
🔴Disclaimer:
I am not SEBI registered. This information is purely for educational purposes and not financial advice. The securities market is subject to market risks; please do your own research... If you like this idea like share amd subscribe @Alpha_strike_reader
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