Date: 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. •...
Traders, 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...
#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...
#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...
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...
#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...
JYOTHYLABS 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...
Buy Jyothylab At Cmp 197.6 Add On Dips To 170-175 SL - 153 ( Weekly Closing Basis ) Target - 285
#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...
BUY - JYOTHY LABS LTD CMP - Rs. 185 Target - 1: Rs. 237 Target - 2: Rs. 263 . . . Technicals - Cup and Handle Pattern . Comment: Target - 2 will be achieved in 7-10 months. . . Follow me for more!
#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...
Jyothi labs share price will be neutral for some days,it will just go up and low
As 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...
Jyothylab forms ascending triangle pattern on 1D and 1W timeframe. It has given breakout on daily timeframe. Enter after bullish confirmation. Target is previous weekly high.
#JyothiLab CMP 195 good rounding bottom and iHnS BO looks ready for previous high. reasonable fundamentals
Jyothylab cmp 181 can go 200++ Weekly breakout abv 186 160-165 breakout done Retest done 160-165 level Invalid below 155
Able to sustain 162-163 resistance level and now retesting it again
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...