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JBMA trade ideas

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
NSE:JBMALong
by Alpha_strike_trader
SWING IDEA - JBM AUTOJBM Auto , a leading manufacturer of auto components and systems, is showing promising technical indicators for a potential swing trade. Reasons are listed below : Strong Support at 1700 : The 1700 level has proven to be a robust support zone, indicating strong buying interest and a solid base for potential upward movement. 'W' Pattern Formation : The stock is forming a 'W' pattern (double bottom) at this crucial support zone, which is a bullish reversal pattern suggesting that the downtrend may be over and a new uptrend could be beginning. Golden Fibonacci Support : The price has found support at the 0.618 Fibonacci retracement level, often considered a strong support zone and indicating a potential reversal or continuation of the uptrend. Trading Above 50 and 200 EMA : JBM Auto is trading above both the 50-day and 200-day exponential moving averages, indicating a strong and sustained uptrend. Constant Higher Highs : The stock has been consistently making higher highs, reflecting ongoing bullish sentiment and a sustained uptrend. Target - 2430 Stoploss - weekly close below 1670 DISCLAIMER - Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services. @visionary.growth.insights
NSE:JBMALong
by Visionary_Growth_Insights
2
Trade Alert for JBMA (JBM Auto Ltd.)Trade Setup: - Action: Go Long (Buy) - Entry Point: Above 2142.60 - This is the trigger point for initiating a long position, indicating that the price needs to break above this level to confirm the bullish setup. Key Levels: - Fibonacci Resistance Level: 2136.75 - This is a critical level derived from Fibonacci retracement or extension tools, suggesting a significant point of resistance. The price needs to surpass this level to confirm bullish momentum. - Upside Targets: - First Target: 2265 - Second Target: 2428 - These targets provide potential profit-taking points as the price moves higher. Risk Management: - It's essential to have a risk management strategy in place. This includes setting stop-loss levels to minimize potential losses if the trade does not go as anticipated. The exact stop-loss level can vary depending on your risk tolerance, but it should be placed below the entry point (e.g., below the Fibonacci resistance level at 2136.75). Summary: 1. Go Long above 2142.60: Wait for the price to break and sustain above this level before entering the trade. 2. Monitor Resistance: Pay attention to the price action around the 2136.75 Fibonacci resistance level to ensure a clean breakout. 3. Upside Levels: Target prices at 2265 and 2428 for potential profit-taking. 4. Risk Management: Use stop-loss orders to protect against downside risks. By following these guidelines, you can structure your trade with a clear plan for entry, targets, and risk management.
NSE:JBMALong
by ruelfernandes
Waiting for retest of Resistance turned Support, Waiting for retest of Resistance turned Support, Waiting for retest of Resistance turned Support, Waiting for retest of Resistance turned Support, Waiting for retest of Resistance turned Support, Waiting for retest of Resistance Waiting for retest of Resistance turned Support, Waiting for retest of Resistance turned Support, Waiting for retest of Resistance turned Support, Waiting for retest of Resistance turned Support, turned Support,
NSE:JBMALong
by negim66660
JBMA - New All Time High ?Title: The Cup and Handle Pattern: A Comprehensive Guide for Traders Introduction: The cup and handle pattern is a popular technical analysis tool utilized by traders to identify potential trend reversals or continuations in stock prices. This distinctive pattern forms after a sustained upward movement, indicating a period of consolidation before a potential breakout. This article serves as an informative guide for traders seeking to understand and effectively apply the cup and handle pattern in their trading strategies. Understanding the Pattern: The cup and handle pattern consists of two main components: the cup and the handle. The cup resembles a rounded bottom, created by a gradual decline in stock prices followed by a smoother, curved rebound. The handle is a shorter consolidation period that follows the cup's formation. It usually takes the form of a small, downward-sloping channel or a brief pullback in stock prices. Pattern Significance: Traders consider the cup and handle pattern significant due to its potential to forecast future price movements. It suggests that after a prolonged uptrend, the stock experiences profit-taking and consolidation before resuming its upward trajectory. This pattern is particularly relevant when observed within an existing bullish trend, indicating a continuation rather than a reversal. Identifying the Pattern: To identify the cup and handle pattern, traders should look for the following characteristics: 1. Cup Formation: The cup component should have a smooth, rounded bottom, resembling the shape of a tea cup. The decline and subsequent recovery should be gradual, displaying an absence of sharp price drops. 2. Handle Formation: The handle typically follows the cup's formation and showcases a smaller consolidation period. This segment can appear as a slight downtrend or a horizontal trading range. 3. Volume: During the cup formation, trading volume often decreases as prices drop, signaling a decline in selling pressure. As the handle forms, volume tends to remain low but might experience a slight uptick. Entry Points and Targets: Traders usually enter a position when the price breaks above the handle's upper trendline, also referred to as the "neckline." This breakout is often accompanied by increased trading volume, validating the pattern's potential. The price target can be estimated by measuring the pattern's depth (cup's height) and adding it to the neckline's breakout point. Setting Stop Loss: To manage risk effectively, traders commonly place their stop loss orders just below the neckline. This level acts as a crucial support level; if the price retraces below the neckline after a false breakout, it could invalidate the pattern and suggest a potential trend reversal. Conclusion: The cup and handle pattern is a valuable tool in a trader's technical analysis arsenal, providing insights into potential price movements after a period of consolidation. While its formation requires careful observation and interpretation, the pattern's breakout above the neckline can offer rewarding trading opportunities. However, like all trading strategies, risk management through the placement of stop loss orders is essential to mitigate potential losses in case of pattern failure. As with any trading approach, combining the cup and handle pattern with other technical and fundamental analyses can enhance the overall trading strategy's effectiveness. Note:- Not a financial advice. Only for educational purposes
NSE:JBMALong
by inderjeetpandey27
NSE : JBMA - JBM Auto for next rally for over 100%??NSE:JBMA JBM Auto Ltd is an automotive company engaged in the manufacturing and sale of sheet metal components, tools, dies & moulds, and buses, including spare parts and maintenance contracts. 🚗💡🔧🚌 The Auto Components Segment: 🚘 Manufactures auto systems and high-level assemblies such as chassis & suspension systems, aesthetical parts, and BIW parts & assemblies. 🛠️🔩 The OEM Segment: ⚡🚌 Focuses on manufacturing technologically superior buses customized for different operating patterns. 📈 Developed and delivered electric buses, with an order book of around 1500 buses, including 200 electric ones. ⚡🚌 Tool Room Division: 🔧💼📐 Manufactures tools and dies for turnkey projects. Major focus on safety critical items like chassis & suspension systems and key aesthetical parts. Customer Base: 🌐🤝 Includes major OEMs like Ashok Leyland, Daimler, Nissan, Renault, Ford, Toyota, Volvo, Tata, and more. Manufacturing Capabilities: 🏭📍🚚 15 manufacturing facilities strategically located near major OEM hubs. Amalgamation of Subsidiaries: 💼🤝🔄 JB MA Automotive Pvt Ltd and JBM Auto Systems Pvt Ltd amalgamated with JBM Auto Ltd. (Note: Please consult the original source for more detailed and up-to-date information) Disc: Invested , second trance added today ,
NSE:JBMALong
by Peaceful-Weekend-Investing
6