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

This stock has broken out of its falling trend line placed at Rs 188 levels with a strong quarterly close above it. It can be seen on the quarterly charts that the stock post hitting the levels of 216 corrected back to its major support placed at Rs 80 levels in March 2020 quarter, Sujit Deodhar, Head – Technical Analyst, Wellworth Share & Stock Broking.

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