Technical Stock Pick: Jyothy Labs showing signs of reversal after 20% fall from highs

Technical Stock Pick: Jyothy Labs showing signs of reversal after 20% fall from highs

Jyothy Labs, part of the household products industry, has fallen by about 20% from the highs and has found support above the 200-DMA on the daily charts. The stock is trading above crucial support levels; hence, a technical bounceback could be on the cards. Short-term traders can look to buy the stock now for a … Read more

Chart Check: Up 50% since Feb lows, Jyothy Labs’s rally not yet over! Here’s why

Chart Check: Up 50% since Feb lows, Jyothy Labs’s rally not yet over! Here’s why

, household products maker, has rallied by about 50 per cent from its February 2022 lows to hit a fresh 52-week high in October but the rally is not over yet based on technical chart patterns. The stock with a market capitalisation of more than Rs 7,400 crore hit a 52-week high of Rs 208 … Read more