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Jyothi Lab: Rounding Bottom breakout after an year's resistance

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JYOTHY LABS LTD (NSE:JYOTHYLAB)  
pradipandsuvra  
NSE:JYOTHYLAB   JYOTHY LABS LTD
Chart Patterns Technical Indicators indianstocks stocktobuy stocktowatch stockfortomarrow indianstockmarket JYOTHYLAB
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chartpattern indicator indianstocks stocktobuy stocktowatch stockfortomarrow indianstockmarket jyothylab
Reasons for being bullish on Jyothi Lab:

  • Rounding bottom breakout. The bottom is created over last one year.
  • The same level is tested this time thrice, since last one year. So long term resistance level breakout.
  • Friday's candle is a clear Bullish Tweezer Top (Thursday & Friday candles lows are same, polarity opposite).
  • Friday's candle totally engulfs the Thursday's bearish candle.
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.