Jyothy labs - Cup and handlesSupported by good fundamentals.
Formation of cup and handle with another handle. Soon to break the resistance.
JYOTHYLAB trade ideas
ABOUT TO BREAKOUTDaily chart showing HEAD & SHOULDER Pattern and resistance at Trendline. Stock is trading above 200 EMA.
Chances are for a breakout. Will have to wait for a week or two in order to understand if the pattern has successfully given a breakout or not.
Educational Purpose and for chart analysis. I am Not a SEBI registered advisor.
Trendline SupportTaking support of trendline and forming a bullish candle. Ready for Upmove
sharing my view'
#educationalpurpoe #learn&apply
Sure Brekout Is ahead ✌✌This scrip forming on beautiful Triangle Pattern and expected for sure breakout. So keep on your Radar and taste the profit.
JYOTHYLABS FORMATION OF HEAD AND SHOULDER PATTERN JYOTHY LABS making head and shoulder pattern on weekly chart.
If trend line breaks down side then we can expect down fall of at least 15%. Immediate support for head and shoulder pattern can be seen at RS 118-120.
Tip: Whenever you see any pattern forming always convert your drawings from candlesticks to line chart.
Note: Its not any recommendation ,do your own analysis.
Jyothi Labs - Long IdeaLevels are mentioned on charts.
Only for learning and sharing purposes. Not a trading recommendation.
Please comment with your views.
JYOTHYLAB - CUP N HANDLE BREAKOUT AND PULLBACKPost cup and handle breakout stock has completed pullback and above 163 can continue its journey upwards to the levels marked and further for handle target of 28 points.
VIEWS FOR LEARNING PURPOSE ONLY
JYOTHYLAB - WIB - CNHJYOTHYLAB - BGF - CNH
22 Jan 2021 - CMP 161
CNH already formed and top is sustaining the price.
RSI sustaining above 60.
SL 140
TGT 175 /195 / 210 /235
Jyothy labs chart patterns !Inverted head & shoulders neck line break out, and bull flag break out, that indicates bullish scenario.
Possible targets
1) 165
2) 175
Feel Free To Ask For Any Technical/Fundamental Query
Comment Down Below
Educational Purpose Only.
JyothyLabs has a great structureThe analysis is given on the chart
Comment if you have any query and if you like my analysis, don't forget to press the like button.
I am not a SEBI registered investment advisor and hence do not follow my analysis blindly.
Be aware of what you are trading and the risk associated with it.
Stock market is risky and you can lose a lot of your capital.
Be wise and trade carefully!
Grateful!🙏
buy above 150 for positional trade target of 165, 185 etclook at any chart and it's giving bullish signals. Makes you doubt your analysis. Wonder when this bull market is going to run out of its steam !
Major Trendline Breakout expectingNSE:JYOTHYLAB may breakout in the coming days.
Expecting a 10-20% upside movement.
