amankavi
Long

JB chemicals : Small cap (Investment stock)

NSE:JBCHEPHARM   J.B.CHEMICALS & PH
Price action has taken bullish reversal from core support levels after prolonged downtrend and now, Breakout with volume surge is yet to be seen. Already, the scrip has seen volume increase during past few sessions

Aiming for short term for Target 1 and 2 after breakout from trendline .

The company has shown progressive results in Q2

http://www.business-standard.com/article...

Moreover, Risk:rewards ratio is also fine with Price to book value: 1.74 with company managing to reduce debt
https://www.screener.in/company/JBCHEPHA...

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