Today's Market Update, Money Maker Research, Market News, Market Update, Stock News, Top 10 Stocks Advisory in India, Stock Advisory in Indore, BTST Call, free stock tips, intraday cash tips, Investment Advisory, Stock tips today, Intraday trading tips, Indian rupee, Indian stock market, best stock advisory company in India, Best Stock Advisory in India, Top Stock Advisory in India, Stock Cash Tips, Best Equity Tips, Nifty Future and Option Tips, Intraday Nifty Tips, Accurate Share Tips, Best Commodity, Best Stock AdvisorResearch Head (MONEY MAKER RESEARCH & INVESTMENT ADVISOR PVT LTD) is having a view that one can go long in JBM AUTO .

JBM AUTO is seems to be bullish on weekly Charts & bullish cross walk in MACD and good numbers at ADX shows hefty drift, therefore I suggest traders to make a buy position above 625 with a price target of approximate 650 & Stop loss should be placed below 590”

The company had placed compact net profit of Rs 18.51 crore in the same quarter last fiscal.

Stock has been gaining for the last 2 days and has risen 8.85% in the period & it outperformed Sector today by 2.28%.

JBM AUTO was closed 1.84 per cent up today at Rs 599.20 at NSE.