jamna auto looks bullish in medium term

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

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hidden bullish divergence seen here cuplikan
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ascending triangle forming here, cuplikan

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

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

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