ARC - ROUNDING BOTTOM - JM FINANCIAL

Jul 8

📈 JM FINANCIAL – Technical View & Strategy

🔹 CMP: ₹169
🔹 Buy Zone: On dips till ₹150
🔹 Stop Loss (Closing Basis): ₹140

🧠 Technical Insight:
The Rounding Bottom formation appears to be complete – this indicates a potential trend reversal and upcoming bullish momentum.

🚀 From here, the stock may show:
1️⃣ A Direct Upward Move
OR
2️⃣ A Minor Retracement before continuing its upward journey

To avoid false breakouts or getting trapped, it's advised to wait for key confirmation levels.

📌 Breakout Levels to Watch:
✅ Safe Entry: Once it sustains above ₹174.50
💥 Strong Momentum Zone: Above ₹204

🎯 Expected Target: ₹250
Positional Trade with Strong RR Setup

📌 Stick to levels. Follow discipline. Let the trade work for you.

📌Please Follow TSL (Trailing Stop Loss)
To help maximize your profits and protect gains as the trade progresses.

Let’s stay hopeful that the move continues as per our expectations! 📈

💡 Liked the idea?
Then don’t forget to Boost 🚀 it!

For more insights & trade ideas,
📲 Visit my profile and hit Follow

Warm regards,
Naresh G
SEBI Registered Research Analyst

Aug 13

Trade active

Trade Details

📈 JM FINANCIAL – Technical View & Strategy

🔹 CMP: ₹169
🔹 Buy Zone: On dips till ₹150
🔹 Stop Loss (Closing Basis): ₹140

1st Aug 2025
Low 151.51

13-08-2025
High 188

Aug 22

Note

22-08-2025

@ 12:44 High 199.80

Aug 22

Note

Moving as per Marking
Handle Formed