JAMNA AUTO - Keep a close watch

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The stock is at its Resistance of 38.5 which is also the top border of the "Parallel Channel".

One cannot rule out the possibility of the stock again falling back into the channel.

A Golden Cross may be seen in the coming days after which the stock would gain further momentum.

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It's been a great week since the breakout Keep holding.
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Today's market has crashed because of China Tensions. This situation is beyond technical analysis. I suggest to book profit/losses and prevent yourself from further unpredictability.

No doubt good stocks will recover but the time frame isn't certain. Also if you sit with your cash ,you can reenter at lower levels.
breakoutChart PatternsTechnical IndicatorsJAMNAAUTOOscillatorsParallel ChannelpriceactionanalysisTrend Analysis

*DISCLAIMER*
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.
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