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JYOTHY LABS LTD
Long

Jyothi Lab: Rounding Bottom breakout after an year's resistance

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Reasons for being bullish on Jyothi Lab:

  • Rounding bottom breakout. The bottom is created over last one year.
  • The same level is tested this time thrice, since last one year. So long term resistance level breakout.
  • Friday's candle is a clear Bullish Tweezer Top (Thursday & Friday candles lows are same, polarity opposite).
  • Friday's candle totally engulfs the Thursday's bearish candle.

pradipandsuvra
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Chart PatternsindianstockmarketindianstocksTechnical IndicatorsJYOTHYLABstockfortomarrowstocktobuystocktowatch
pradipandsuvra
Also on:

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.