JUBILANT PHARMOVA LTD
Long

JUBILIANT PHARMOVA BREAKOUT AFTER 6 YEARS

448
The stock has been in consolidation phase since january 2018 and could not breach 888 and 1039 resistance respectively however lately the stock has smashed both of them and rallied to an unstoppable territory

The volumes also indicate pretty good buying also DIIs have increased their holdings in the stock

The company formed cup and handle in 2019 but failed badly nevertheless the stock rebounded pretty well and gave a pretty goood breakout lately

The company has more than 132 patents and is engaged in pharmaceuticals , contract research and development services

TARGET - 1800

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