JYOTHYLAB Chart StudyIt can be a BUY after Rs 165, With a SL of 138 , Target 180++, 200++.
Strong Fundamentals.
Only for Educational Purpose.
JYOTHYLAB trade ideas
Jyoti Labs buy trend continuation on 60 min chartJyothy Labs is in a strong uptrend and is continuing its move. Recently it has tested its previous resistance which is now working as a support and now given the breakout of a down trendline so we can ride this trend with strick stoploss.
JYOTHYLABS GO LONGClear sign on daily cart breaking pattern.
Suggest to go long @140 Tgt 164 in 2-3 months.
Invert Head and Shoulder PatternIf the stock moves up it will form Invert Head and Shoulder Pattern, If it breaks the resistance zone then go for buy above 130.25, And the target 1 is 139, Target 2 is 143,
Rectangle Pattern in Jyothy LabsJyothy Labs seems to be forming a rectangle pattern with volume decrease. Resistance and Support are touched at least twice. This is close to textbook definition of rectangle pattern.
Jyothylab is Value investmentAll Details texted in Chart.
Looking Good for the move medium term for all targets.
Do your own research before any trade....
Jyothy Labs Moving down towards 113-114. Sell on any pullback towards 119-120
RSI has shown weakness on both Daily and Hourly Time frame
Jyothylab LongJyothylab continuously trying to break supply zone of 125
Buy at 118 (dips)
SL = 99
Target 139
Follow Fib levels for more targets
Trail once move in favorable direction
Jyothylab Longterm AnalysisStock : NSE:JYOTHYLAB
CMP : 116
Current PE : 25
8 Years Average PE : 40
Entry Range : 100 - 108
Stop Loss : 85 - 90 ~ 16%
Swing Target : 135 - 145 ~ 31%
Positional Target : 220 - 240 ~ 160%
Long Term Target : 300 - 340 ~ 230%
Allocation : 10%
Jyothy Labs Ltd. - AnalysisJyothy Labs Ltd. is trading in a narrow and facing resistance from 50 day SMA.
Technical indicators are BEARISH. If price trades below narrow range 104; next nearby support is 90 and resistance is 115 on the Daily chart.
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The analysis done on the charts is based on current data & my personal observations.
All the information presented is for educational purposes only.
Please consult your financial advisor before investing.
JyothyLab - LongMaking of a morning star with good volume at the base line support indicating Long side for JyothyLab.
