JGCHEM - 4 Months Consolidation Breakout - All Time High
J.G.Chemicals Ltd
1) Time Frame - Daily.
2) The Stock has been in a Consolidation since (April, 2024). Now It has given a Consolidation breakout & Closed at it's Life Time High with good volume & good bullish momentum candle in Daily Time Frame.
3) The stock may find it's next resistance around the price (360 - 22% from the price 294.50).
4) Recommendation - Strong Buy.
1) Time Frame - Daily.
2) The Stock has been in a Consolidation since (April, 2024). Now It has given a Consolidation breakout & Closed at it's Life Time High with good volume & good bullish momentum candle in Daily Time Frame.
3) The stock may find it's next resistance around the price (360 - 22% from the price 294.50).
4) Recommendation - Strong Buy.
Note
As mentioned previously, The given target of (360 - 22%) from the given price (294.50) is achieved.
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