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JBCHEPHARM - SWING TRADE - 24th December #stocks

Long
J.B.CHEMICALS & PH (NSE:JBCHEPHARM)  
TradeRyteStockz Updated   
NSE:JBCHEPHARM   J.B.CHEMICALS & PH
Trend Analysis Chart Patterns Technical Indicators stockmarketindia JBCHEPHARM swingtrading swingtradingsetup chartanalysis priceaction traderyte necklinebreak
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trendanalysis chartpattern indicator stockmarketindia jbchepharm swingtrading swingtradingsetup chartanalysis priceaction traderyte necklinebreak
#JBCHEPHARM (1D TF)

Swing Trade Analysis given on 24th December, 2023

Pattern: NECKLINE BREAKOUT
- Volume Spike at Resistance - Done ✓
- Retracement & Consolidation - In Progress

Note: There is a Resistance at the Top of the Ascending Channel


#stocks #swingtrade #chartanalysis #traderyte
Comment:
JB CHEMICALS & PHARMA Update (as of 18th March, 2024)

- After achieving both our Target Levels in Feb
- Stock has retraced back to the Demand Zone and respecting the Upward Channel
- Reversal at the Channel Support and Demand Zone Support
- New Target Level has been analysed
- TSL and SL is Mandatory

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