JYOTHYLAB - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Technical Rating: 2.8

Here’s a detailed technical breakdown of Jyothy Labs Ltd (JYOTHYLAB) based on current indicators and price behavior

📊 Trend Overview

Current Trend: Bearish to Neutral

Price Action: Trading below both 50 DMA (₹344) and 200 DMA (₹377) — confirms downward bias.

52W Index (19.5%): Price is significantly off its 52-week high (₹596), indicating prolonged weakness.

📈 Momentum Indicators

RSI (37.3): Weak — approaching oversold territory, but not yet a reversal signal.

MACD (-1.98): Negative — bearish crossover suggests continued selling pressure.

Volume: Slightly below weekly average — indicates lack of strong buying interest.

📉 Volatility & Bands

Bollinger Bands: Price likely near lower band — hints at oversold conditions and potential short-term bounce.

Beta: Low volatility — price moves are relatively stable compared to broader market.

📌 Support & Resistance Zones

Level Price (₹)

Immediate Support 325–330 (recent base)

Strong Support 300 (psychological level)

Resistance 1 344 (50 DMA)

Resistance 2 377 (200 DMA)

Resistance 3 400–420 (gap zone)

🎯 Entry & Exit Zones

Optimal Entry: ₹325–₹332 (if price stabilizes and RSI shows divergence)

Exit / Profit Booking: ₹344–₹377 (if price rebounds toward moving averages)

🔍 Short-Term Signals

Momentum: Weak — RSI and MACD both suggest caution.

Trendline: Price breaking below key averages — no bullish crossover yet.

Consolidation: Possible near ₹325–₹332 zone — watch for volume spikes or RSI divergence.

Would you like to compare this with other FMCG stocks showing stronger technical setups or explore potential reversal candidates? I’ve got a few lined up that might surprise you.

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