Jb Chemicals & Pharmaceuticals Limited trading inside a channel pattern. Also there is Bullish MACD crossover today
Breakout from resistance of 1803 with good volume . Relative Strength is STRONG, with good support at 1700. Chemical Sector is strong now. It's heading towards 1950 then 2100 in short term and 2250 then 2400 in medium-long term. #TrendIsYourFriend
JBCHEPHARM is looking for a great buying opportunity after forming consolidation & has descending channel on 4h timeframe. TG expecting to reach at 2500.
Stock is in long term uptrend Price near Trendline and 50 MA Support. Hammer candle on Daily Chart High Volume today with Very high delivery percentage (Check NSE Website) Entry and SL on Chart.
JB chemical looking good on chart . expecting 12-15% upmove in next few days
Stock has been taking supports and resistance from this trend line from a long time. Inverted Head and Shoulder in the making. Triangle Breakout.
Levels mentioned on chart. SL based on daily closing. (DCB)
JBCHEPHARM down trend breakout down next target arrive
JBCHEPHARM Has retested the BO level of 1775 . A positive momentum candle is yet to appear which is the risk but there is no momentum downward candle this week. Entry 1790 Stoploss 1730 tgt 1900 Risk reward 1:2
A good stock performs like going upword consolidate then breakout again upword ...
FLAG BREAKOUT Moving average in support MACD crossed RSI positive
Interesting Observation Found in this Stock Classical Bullish pattern is formed in the Daily and Weekly Chart Expect to make another 20% returns from here. Every quarter it is making Triangle pattern is formed and shifting to next levels.
This stock looks good for long-term investors. This is uptrend stock best entry for accumulation
ignored by retail targets given on chart hold till 3000
After a time wise correction in the stock it seems to be rebounding again at the bottom of the long term channel. The stock broke out of a wedge and could show strength going forward. Valuations wise compared to its peers with a similar margin profile this stock is relatively cheaper. Long at CMP for a new high. SL below 1775.
JBCHEPHARM (D) looks good for more upsides :) Keep watch closely
Bullish , on trend line break on daily chart JBCHEPHARMA looks a good buy