JYOTHYLAB Trading Above Fresh Demand ZoneJYOTHYLAB is currently trading at ₹405.35, slightly above its demand zone between ₹401 and ₹366.8, established on 5th June 2024. This fresh zone has not been tested yet, indicating potential buying interest if the price revisits this range. Investors may monitor for a pullback to this zone, which could provide a buying opportunity with strong support.
Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. Please conduct your own research or consult a financial advisor before making any investment or trading decisions.
JYOTHYLAB
Jyothy LabsJyothy Labs Limited was founded in 1983 by Mr. M. P. Ramachandran in Thrissur, Kerala. JLL is renowned brand in the domestic FMCG industry. It has a diversified product portfolio spanning four major categories of fabric care, dishwashing, household insecticides (HI) and personal care and an established market position in the post-wash (under Ujala brand) and the dishwashing segments (under Pril and Exo brands).
Co dominates the fabric care segment with its flagship brand Ujala which is no.1 in its category with a 84% market share.
Company is almost debt free.
Company has been maintaining a healthy dividend payout of 45.8%
Technically a nice base formation and change in trend seems to be playing out.
JYOTHY LABSJyothy Labs Limited was founded in 1983 by Mr. M. P. Ramachandran in Thrissur, Kerala. JLL is renowned brand in the domestic FMCG industry.It has a diversified product portfolio spanning four major categories of fabric care, dishwashing, household insecticides (HI) and personal care and an established market position in the post-wash (under Ujala brand) and the dishwashing segments (under Pril and Exo brands).
DII bought 1.47% last quarter.
A nice Cup and handle Pattern formation.
JYOTHY LABS - Swing Trade Analysis - 3rd July #stocksJYOTHY LABS (1W TF) - Swing Trade Analysis given on 3rd July, 2024
Pattern: RECTANGLE BOX BREAKOUT
- Weekly Resistance Breakout - Done ✓
- Weekly Volume Buildup at Resistance - Done ✓
- Demand Zone Retest & Consolidation (for a small SL and a better RR) - In Progress
* Disclaimer
Jyothy Labs Ltd - Positional TradeDate: 7-May-2024
Rating: Buy - Positional Trade
LTP: Rs. 456.55
Targets: (1) Rs. 485 --> (2) Rs. 554 --> (3) Rs. 656
SL: Rs. 412 on daily close basis
Technical View:
• NSE:JYOTHYLAB is in its primary uptrend and was recently going through it's secondary downtrend.
• After touching the high of 554 on 24-Jan-2024, it has retraced 30% to 388.30 level.
• On 7-May-2024, NSE:JYOTHYLAB has broke out from its secondary down trend with higher than average volume.
• With this break out, NSE:JYOTHYLAB has managed to close above 20 DMA, 50 DMA and 21 DEMA on 7-May-2024.
• RSI has given bullish cross over and trading at 60.18. MACD is trading at -0.81 and about to cross over 0.
• Both MACD and RSI are showing positive divergence in daily time frame. Indicating trend reversal in coming sessions.
• Looking strong to start a new swing from here.
Disclaimer: I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market. Publishing the ideas for learning purpose only.
Budding Opportunity:Jyothylab -Bottom Formation Signals ReversalTraders, take heed! Jyothylab is presenting a compelling bottom formation on the charts, hinting at a potential reversal in its fortunes. Supported by robust volume and the underlying strength of the pharmaceutical sector fundamentals, this could mark an opportune moment to consider a position in Jyothylab.
Technical analysis reveals a clear pattern indicating a bottom formation, suggesting a shift from bearish to bullish sentiment. Coupled with favorable volume dynamics, this signals increased market interest and potential upward momentum in the stock.
However, prudent risk management is essential. Before diving in, ensure thorough analysis and consultation with your financial advisor to align your investment strategy with your financial goals and risk tolerance.
Stay vigilant, stay informed, and consider Jyothylab for your trading portfolio.
Jyothy Labs Ltd - Long Setup, Move is ON...#JYOTHYLAB trading above Resistance of 503
Next Resistance is at 663
Support is at 343
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Jyothy Labs Ltd - Long Setup, Move is ON...#JYOTHYLAB trading above Resistance of 343
Next Resistance is at 503
Support is at 245
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
JYOTHYLAB - Weekly Chart AnalysisA 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)
Jyothy Labs Ltd - Long Setup, Move is ON...#JYOTHYLAB trading above Resistance of 245
Next Resistance is at 343
Support is at 210
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
JYOTHYLABS Hourly looking bullishJYOTHYLABS Hourly has trendline breakout/flag and pole breakout. Good to buy at 313 with sl of 304 for targets of 336
*****
This is purely for training and educational purposes. We shall not be responsible for your profit or loss.
The stocks discussed or recommended here, may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position.
Jyothy Labs Ltd - Long Setup, Move is ON...#JYOTHYLAB trading above Resistance of 210
Next Resistance is at 245
Support is at 183
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
JYOTHYLAB : Swing Trade / Shortterm( 1-3 months)#JYOTHYLAB #chartpattern #breakouttrading #inverseheadandShoulder
>> Clear Inverse Head & Shoulder Pattern Visible
>> High Probability of Breakout on upside
>> Good Strength
>> Levels Mentioned on charts
SWing Traders should focus on 10% profit & keep trailling
Please Like or comment if u r Liking the analysis & Learning from it. Keep showing ur Love
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
JYOTHYLAB | Technical analysisAs we can see Jyothylab is forming livermore cylinder patterns. next wave is going to be low till the support given in the chart.
It looks good for swing trade.
Financial summary of JYOTHY LABS LTD with all the key numbers
The current JYOTHYLAB market cap is 70.155B INR. The company's EPS TTM is 4.61 INR, dividend yield is 1.31%, and P/E is 41.36. Next JYOTHY LABS LTD earnings date is October 25, the estimation is 1.50 INR.
The total revenue of JYOTHYLAB for the last quarter is 5.97B INR, and it's 9.24% higher compared to the previous quarter. The net income of Q1 22 is 484.50M INR.
JYOTHY LABS LTD dividends overview
JYOTHYLAB dividends are paid annual with last dividend per share being 2.50 INR. As of today, Dividend Yield (TTM)% is 1.31%.
JYOTHY LABS LTD earnings and revenue
JYOTHYLAB earnings for the last quarter are 1.30 INR whereas the estimation was 1.00 INR which accounts for 30.00% surprise. Company revenue for the same period amounts to 5.97B INR despite the estimated figure of 5.76B INR. Estimated earnings for the next quarter are 1.50 INR, and revenue is expected to reach 6.36B INR. Also watch annual changes over time to get a bigger picture of JYOTHYLAB earnings and revenue dynamics.
PROS
Company has been maintaining a healthy dividend payout of 65.0%
CONS
Stock is trading at 4.80 times its book value
The company has delivered a poor sales growth of 5.47% over past five years.
Company has a low return on equity of 13.2% for last 3 years.
Promoter holding has decreased over last 3 years: -4.22%
Warning -
This info isn't a recommendation for what you should personally do, so please don't take the post as investment advice. As with any trade, always look first, then leap.