marketmoneymohmaya

JYOTHYLAB - Weekly Chart Analysis

Long
NSE:JYOTHYLAB   JYOTHY LABS LTD
A stock to keep in your watchlist as the strength is still intact. We have not got t see any consolidation on a weekly timeframe.
One week of move and next week pause and later follow-up again.
So i am awaiting for a small base formation with volume contraction.
Let's see how the price action pane out in next few weeks.

Do keep in your watchlist.

Trend based fib levels are (428-464) & (640-698)
Comment:
1st 2 targets done this week.
365 -->> 428 -->> 464

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.