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This stock can go up to Rs 200 in 3-4 weeks, now there will be profit from betting, experts said – buy

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Market experts are bullish on the share price of Jyoti Labs Limited and are giving buy advice on Jyoti Labs shares. Shares of Jyothi Labs touched new high on August 8, 2022 for the first time since 2019.

This stock can go up to Rs 200 in 3-4 weeks, now there will be profit from betting, experts said - buy

This stock can go up to Rs 200 in 3-4 weeks, now there will be profit from betting, experts said – buy

Share To Buy: Market experts are bullish on Jyoti Labs Ltd share price and advice. For the first time since the year 2019, on 8 August 2022, the shares of Jyoti Labs stood at Rs. Reached a new high of 185.90. The latest share price of Jyoti Labs on BSE is Rs. is 183. According to experts, this stock can go up to Rs 200 in the next 3-4 weeks. In this case, the bettors can earn a profit of 9.29% at the current share price.

Shares have jumped up to 31.70 per cent this year


Let us tell you that in this year 2022 so far the stock has increased by 31.70 percent. It has increased by more than 6 percent in a week and more than 18 percent in a month. The stock is trading near overbought levels, hence some pullbacks can be expected. Experts advise short-term traders to keep it at Rs.

Buying advice at 189-198. According to Trendline data, the Relative Strength Index (RSI) is at 68. RSI below 30 is considered oversold and above 70 is considered overbought. That is, there are signs of bullishness in this stock.

Rs 130 is 52 week low


On February 25, 2022 (52-week low) Rs. The stock is in a bullish trend after hitting a low of 130. Since 5th July 2022, the stock has seen a steady rise. This is a positive sign for bulls. Let us tell you that Jyoti Labs is a mid-cap company operating in the FMCG sector (whose market cap is Rs 6,648.31 crore).

(Disclaimer: The information provided here is only expert opinion and stock performance information, it is not investment advice. Investing in the stock market is subject to risk and please consult your advisor before investing.)

On February 25, 2022 (52-week low) Rs. The stock is in a bullish trend after hitting a low of 130. Since 5th July 2022, the stock has seen a steady rise. This is a positive sign for bulls. Let us tell you that Jyoti Labs is a mid-cap company operating in the FMCG sector (whose market cap is Rs 6,648.31 crore).

Also read:

Shares of this company at a premium of Rs 30 even before the IPO, after 80 days there will be a boom in the market

(Disclaimer: The information provided here is only expert opinion and stock performance information, it is not investment advice. Investing in the stock market is subject to risk and please consult your advisor before investing.)

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