JBMA | JBM Auto Ltd – Demand Zone Reversal with Momentum Pickup

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JBMA | JBM Auto Ltd – Demand Zone Reversal with Momentum PickupJBM Auto LimitedNSE:JBMAkingqueenytchatJBM Auto has shown a strong reversal from a well-defined demand zone, indicating fresh buying interest at lower levels. Price action suggests a shift in short-term trend, supported by improving momentum and bullish structure on the chart. The stock is now attempting to sustain above the reversal zone, and continuation of buying pressure could lead to momentum chasing in the near term. If the current structure holds, the upside potential remains intact with a possible move of around 8–10% from current levels. Key Observations: Clear bounce from demand zone Bullish reversal structure formed Momentum turning positive, favoring continuation View: Bullish above demand zone Risk Management: Invalidation below the demand zone