Wednesday, December 28, 2011

Jyothy Labs Ltd. Technical Chart | 28-Dec-2011


Below is the technical chart of Jyothi Labs Ltd., listed on Indian stock exchange, using ichimoku Kinko Hyo indicator.


Jyothy Labs Ltd. Technical Chart
Jyothy Labs Ltd. Technical Chart


In the last few trading sessions, Jyothi Lab stock price has been trading here and there. But in the last trading session, it managed to get support exactly on kumo. If it sustains at this level, it will start its bull run from here and below this level, it's a bear run for it. So, make a stop loss of 154. Resistance will be at 162.60 and 165.

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