Buy Jyothy Labs Ltd for a target of Rs 189-198, says Ruchit Jain

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“Traders can look to Jyothy Labs Ltd around the current market price of 181 and add on any declines towards the support of Rs. 175. The stop loss on long positions should be kept below its 20-day EMA while the potential short targets are seen around Rs. 189 followed by Rs. 198,” Ruchit Jain, Lead Research, 5paisa.com, said.



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