JYOTHYLAB is showing weakness on day and weekly charts and we can expect it to move towards the BUY zone marked and take support.
Keep JYOTHYLAB in the watchlist and watch out for the buying opportunity with low risk.
I will update the details once the trade is active.
Jyothy Laboratories is taking support at 200DMA also RSI is crossing above 40.
However I feel the trend should break 369-378 trend chann el to find momentum.
Once it sustains above 378, first target would be 402 and further up move can give next target 425 . There will be some resistance at 402.
Symmetric Triangle on Jyothy Lab an it may break either side. But trend is showing good strength on long side.
Buy above - 381.50
Target 1 - 392.50
Target 2 - 402.00
Stop loss - 373.00
Short is not possible on this Script, So avoid if the price broken on downside. (Edited)