0.09%
6.85INR
901.278MINR
15.488BINR
46.961M
About JTL INDUSTRIES LTD
Sector
Industry
CEO
Madan Mohan
Website
Headquarters
Chandigarh
Employees (FY)
505
Founded
1991
ISIN
INE391J01024
JTL Industries Ltd. engages in the manufacture and sale of produce and sells galvanized steel, welded black, and electro galvanized steel tubes and pipes. It also manufactures mild steel tubes for structural, mechanical, and general engineering applications; ERW pipes for water, gas, and sewerage; and steel tubes for belt conveyor idlers, water wells, and lancing pipes for various automotive and industrial uses. The firm offers the following products and services: MS Structura, Jumbo, Ultra, Jal Jaan, Glava Flow, Surya Kiran, Agnirodhi, Road Guard, and Uniq. The company was founded in 1991 and is headquartered in Chandigarh, India.
BULLISH IDEA AT CHANNEL SUPPORT📈 Bullish Pattern at Channel Support 🐂
📊 Pattern: Wedge/Triangle, Double Bottom & Parallel Channel.
📌 Symbol/Asset: JTL INDUSTRIES
🔍 Description: Two pattern made in daily time frame, Stock lucrative at channel support of 392.
👉 Remember: Technical patterns are just one piece of the puzzle. C
JTLIND - Weekly Chart AnalysisAfter breaking out the supply zone (244-269) it went into a consolidation of 30weeks in 24% range it broke out of it and formed another base of 3 weeks and 9% range.
The stock is showing immense strength.
A trend based fib is not feasible as the data is too short. So we would look for price action
Significant breakout in JTL IND.Happy Friendship day to all my fellow Traders!
-> As already Explained from chart JTL INDUSTRIES has given a remarkable symmetrical tringle breakout.
-> Since 8 months It was in consolidation phase forming a beautiful tringle pattern.
-> After successful breakout it has retraced back to its break
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