jamna auto looks bullish in medium term

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

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.

Operación activa
hidden bullish divergence seen here imagen
Operación activa
ascending triangle forming here, imagen

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

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

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