Sunday, July 19, 2020

JBM Auto Elliottwave analysis

JBM Auto ,The stock touted to be main contender in India's electric vehicle push.
Lets see how the chart shows wave structure.

The stock shows a solid 5 up on monthly followed by 2.5 yr long correction ,Still under slanting trendline.
The correction is still on in this,Though a good stock for electric theme lovers in dips.Keep eye on this once the abc of this impulse is done this could be a multi bagger.  


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