JMFINANCIL - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 3.6

Here’s a comprehensive technical analysis of JM Financial Ltd (JMFINANCIL)

📊 Trend Overview

Current Trend: Consolidating

Price is hovering near the 50-DMA (₹173), suggesting indecision.

RSI at 47.1 is neutral — neither overbought nor oversold.

MACD at 1.05 is positive but weak, indicating mild bullish bias.

Trading above 200-DMA (₹141) confirms long-term bullishness

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📈 Moving Averages

50-DMA: ₹173 — Immediate support zone.

200-DMA: ₹141 — Strong long-term support.

Price Action: Trading slightly above 50-DMA, indicating short-term consolidation.

📉 Momentum Indicators

RSI (14-day): 47.1 — Neutral zone, no strong momentum.

MACD: 1.05 — Above center line but below signal line, suggesting weakening momentum

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Volume: 21.9 lakh vs 1-week avg of 32.2 lakh — Declining volume, indicating lack of conviction.

📊 Bollinger Bands

Price likely near the middle band — low volatility.

No breakout or squeeze pattern detected.

📌 Support & Resistance Zones

Level Price (₹) Commentary

Support 1 173 50-DMA, short-term support

Support 2 160 Previous swing low

Resistance 1 182.5 25-DMA, near-term resistance

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Resistance 2 200 52-week high, strong resistance

🎯 Entry & Exit Zones

Optimal Entry: ₹170–₹174 — Near 50-DMA with tight stop-loss.

Exit Zone: ₹182–₹195 — Resistance zone for profit booking.

🔍 Short-Term Signals

Momentum: Weak — RSI neutral, MACD fading.

Breakout Potential: Low — No volume spike or band squeeze.

Bias: Wait-and-watch — Entry only on bounce from support or breakout above ₹182.5.

🧭 Summary

JMFINANCIL is currently consolidating with neutral momentum indicators. While long-term trend remains bullish (above 200-DMA), short-term signals suggest caution. Traders should monitor for a breakout above ₹182.5 or a bounce from ₹173 before initiating positions.

Sources

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Would you like a peer comparison or alerts for breakout levels?

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trendlyne.com

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www.tradingview.com

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stockpricearchive.com

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