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JYOTHYLAB 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.
#JYOTHLAB => Nice Chart.
Bought the dip near 50 days EMA at 220.34 for a target of 244
Retraced to 396 near fibo 61.8 (390) and then moved upwards
CCI(D/W/M) crosses 100
TGC with strength
Buy near 424 (38.2 fibo) on dips
Target 515 / 560 / 630
Duration 4 months
Buy JYOTHYLABS around 450~460 levels
For 500~520 target in near term
Buy JYOTHYLAB above 394
Symmetric Triangle on Jyothy Lab an it may break either side. But trend is showing good strength on long side.
Buy above - 381.50
Target 1 - 392.50
Target 2 - 402.00
Stop loss - 373.00
Short is not possible on this Script, So avoid if the price broken on downside. (Edited)
Good stock for 20-25% returns from current level. Had posted this chart on my twitter account few days back.