1) JBMA - Incorporated in 1983, JBM Auto Ltd is in automotive business that manufactures and sells sheet metal components, tools, dies & moulds, and buses including sale of spare parts, accessories and maintenance contract for Buses
1) Golden Cross 2) Bounced from 200 EMA 3) EMA Confluence 4) Higher High 5) High Volume 6) Narrow Range 7) Microcaps with sales πΌ 8) Dividend stocks 9) Penny with sales πΌ 10) High Promoter stake
- After a steep correction any stock starts to form a bottom base with volume declining
- Accumulation starts and chart breaks the Lower Low cycle to start the uptrend
- Drying volume is a major indicator and round bottom too
2) Uptrend and Momentum
- Once this base is formed, chart breakout and start the uptrend
- Only after that retails understand that this stock is now pumping
- Look at the chart - only at 300 level in Tata motors retail realize that the stock is pumping and in momentum