JBCHEPHARM trade had no exectuted due to lh creation and it had find rejection so we dont entered into this trade.False breakout has confirmed.now it will try to touch down levels which is 1937.70.
JBCHEPHARM cmp 2129.85 sl 2050 on daily closing basis for tgt 2362.duration 2-3 months.tade will highly confirmed when it successfully closes above 2151 and when it crosses 24 aprils day high.on daily level stocks breaks a bigger range of 1937 and now traded in small range it breaks a descending tringle breakout on upside and now it retest the triangle level which is very good.on conservative side you can buy above 2151if it will sustained 2-3 days above the level.oscillators are also support the movement.