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BUY JM FINANCIAL LTD | TARGET: Rs 109 | STOP LOSS: Rs 96
JM FINANCIAL has re-tested the breakout zone of the recently made ‘cup & Handle’ pattern on the daily chart that even coincides with the lower band of the Bollinger. The stock price has seen strong support and has bounced from the lower band suggesting a strong support zone near the previous breakout zone. On the oscillator front, 14 period RSI has seen reversal on the higher side indicating strength in the counter from a short-term perspective.
BUY POWER FINANCE CORPORATION LTD | TARGET: Rs 155 | STOP LOSS: Rs
