Go Long for Jyothy LabCurrent Price is 183.70 and under PRZ
Above 185 one can take entry for tgt of 190
JYOTHYLAB trade ideas
JYOTHYLAB buy setupJYOTHYLAB 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.
#JYOTHYLABBoxBO
CCI(D/W/M) crosses 100
TGC with strength
Buy near 424 (38.2 fibo) on dips
Target 515 / 560 / 630
SL 331
Duration 4 months
JYOTHLAB: Bonus & Channel BreakoutBuy JYOTHYLABS around 450~460 levels
For 500~520 target in near term
Trend reversal for Jyothy LaboratoriesJyothy 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 LabSymmetric Triangle on Jyothy Lab an it may break either side. But trend is showing good strength on long side.
Trade Long:
Buy above - 381.50
Target 1 - 392.50
Target 2 - 402.00
Stop loss - 373.00
Trade Short:
Short is not possible on this Script, So avoid if the price broken on downside. (Edited)
Jyothy LabGood stock for 20-25% returns from current level. Had posted this chart on my twitter account few days back.
