JYOTIRES trade ideas
Jyoti Resins & Adhesives Ltd*Jyoti Resins & Adhesives Ltd.*
P&F Formation on Yearly Basis.
Currently, Price moving in Range of 1606 (Resistance) -1342 (Support)
Price BreakOut>1606 Needed / To be Sustained. Then Good to Go!!
Vol. Consolidation over Yearly Basis.
Continued BuiltUp Needed. To be Watched.
Trail SL with Upside.
Book Profit as per Risk Appetite.
Sales / Profitability: Stable in Qtrly basis.
OPM Margins improving: Qtrly basis.
Nil Debt. Growing TNW. Improving WC Cycle YoY. Stable Promoters/FIIs Stake.
Do Your Own Research as well.
Happy Investing 😇
Jyoti Resins & Adhesives Ltd*Jyoti Resins & Adhesives Ltd.*
C&H Formation on Weekly Basis.
Attempted to breach ATH Price Trendline 4th Time. Breached, however failed.
Price BreakOut>1606 Needed / To be Sustained. Then Good to Go!!
Vol. Spike. Continued BuiltUp Needed. To be Watched.
Trail SL with Upside.
Book Profit as per Risk Appetite.
Do Your Own Research as well.
Happy Investing 😇