Investors have paid higher prices over time to buy JBM Auto Limited and the stock is in a rising trend channel in the medium long term. Rising trends indicate that the company experiences positive development and that buy interest among investors is increasing. The stock has broken a resistance level in the short term and given a positive signal for the short-term trading range. The stock has broken up through resistance at rupee 820. This predicts a further rise. Volume tops and volume bottoms correspond well with tops and bottoms in the price. This strengthens the trend. The stock is overall assessed as technically positive for the medium long term.
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