As we see the chart of JYOTHI LAB, we can see that after a one month consolidation stock is ready to for a movement now.
with the recent chart we can see that there is a development of “ASCENDING TRIANGLE” on chart now.
look at the rsi and price, both has taken support on trend line and rsi and price able to move over the resistance level now.
if the price confirm the up move then we can see that rsi still having scope for a movement now.
so basic study indicate that one can buy JYOTHI LAB above 202 with 192 sl if stock sustain above 202 for whole day and close above 202 then hold it as delivery with 185 as holding sl for target of rs. 210-220-230-240