JBCHEPHARM - SWING TRADE - 24th December #stocks

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J.B.CHEMICALS & PH (NSE:JBCHEPHARM)

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NSE:JBCHEPHARM J.B.CHEMICALS & PH

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#JBCHEPHARM (1D TF)

Swing Trade Analysis given on 24th December, 2023

Pattern: NECKLINE BREAKOUT
- Volume Spike at Resistance - Done ✓
- Retracement & Consolidation - In Progress

Note: There is a Resistance at the Top of the Ascending Channel

#stocks #swingtrade #chartanalysis #traderyte

Komen:

JB CHEMICALS & PHARMA Update (as of 18th March, 2024)

- After achieving both our Target Levels in Feb
- Stock has retraced back to the Demand Zone and respecting the Upward Channel
- Reversal at the Channel Support and Demand Zone Support
- New Target Level has been analysed
- TSL and SL is Mandatory

* Disclaimer

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