JB Chemicals - Channel Bottom
After a time wise correction in the stock it seems to be rebounding again at the bottom of the long term channel.
The stock broke out of a wedge and could show strength going forward.
Valuations wise compared to its peers with a similar margin profile this stock is relatively cheaper.
Long at CMP for a new high. SL below 1775.
The stock broke out of a wedge and could show strength going forward.
Valuations wise compared to its peers with a similar margin profile this stock is relatively cheaper.
Long at CMP for a new high. SL below 1775.
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