Technical Analysis of Indian Equities by Nooresh

JB Chemicals – Cup and Handle Breakout

JB Chemicals


  • Cup and Handle breakout seen above 255-260.
  • After the initial move the stock is forming a consolidation around 255-270.
  • Further momentum on sustaining 280.
  • Size of the pattern 50/80 points or more.

#Disclosure – The stock has been recommended in Technical Traders Club at 255-265 levels.


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Article by Nooresh Merani

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