JUBILANT FOODWORKS LTD
Long

JUBLFOOD--POSITIONAL

386
jUBLFOOD-- POSITIONAL --DAILY CHART --SETUP

1. JUBLFOOD seen daily chart trading at upper channel currently

2. Lower low of upper channel support seen at last closing daily candle

3. Stock likely pullback from this level from oversold line .

4. QQE mode also seen pullback bar as selling decrees at last red bar

5. one can initiate BUY at current level 555 above for target 575- 600 - 625 stop loss 525 bellow trendline of upper channel

6. risk to reward 1:3 from current level


** THIS IDEA IS FOR EDUCATIONAL PURPOSE ... trade at own risk, !!
** SUGGETIONS AND COMMENTS ARE WELCOME .!!

HAPPY TRADING . !!

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