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rdkriplani

JB Chemicals - Channel Bottom

J.B.CHEMICALS & PH (NSE:JBCHEPHARM)  
rdkriplani  
NSE:JBCHEPHARM   J.B.CHEMICALS & PH
Trend Analysis
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trendanalysis
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.
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