Buy Jamna Auto Industries Ltd For Target Rs.133.45 by Jainam Share Consultants
Jamna Auto Industries Ltd
Buy Jamna Auto Industries Ltd CMP 114.50 Buy Price 114.50 Target 133.45 Stop loss 105 Holding Periond 30 Days
* The stock price trading at Rs. 114.5.00 on 27 NOV 2025.
* JAMNAAUTO has formed a Cup and Handle pattern on the daily chart, indicating a potential bullish reversal. Price has broken above key resistance zone, supported by strong volume.
* The pattern was decisively broken with strong volume, confirming the breakout. Post breakout, the stock is showing strength and is currently trading above both the 50-day EMA and 200-day EMA, indicating a positive shift in trend.
* RSI is also trading at above 60. rsi indiccating strength in this breakout.
* Based on the current price action, we expect the stock to move higher toward the Rs.130-Rs.133.50 levels. A stop loss can be maintained at Rs.105 to manage risk effectively.
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SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
