JB Chemicals & Pharmaceuticals – 1W Chart Update
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JBCHEPHARM
JB Chem is showing a strong rounding base formation on weekly timeframe and has now broken above the 2030 resistance zone.
Structure indicates accumulation followed by expansion.
Key Levels:
Resistance – 2030 (fresh breakout level)
Next Zone – 2200+
Support – 1843 / 1637
As long as price sustains above 2030 on weekly basis, bullish structure remains intact.
Failure to hold 1843 may lead to short-term consolidation.
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Disclaimer:
SEBI Registered Research Analyst. This content is strictly for educational purposes only. No buy/sell recommendation. Please consult your financial advisor before taking any investment decision.#TechnicalViews
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