TheUnlearningOne

Jubilant Foodworks: Bullish Three white solider candle formation

Long
NSE:JUBLFOOD   JUBILANT FOODWORKS
From the levels of 412 the stock has bounced up creating higher lows.

Three white soldiers is a bullish candle formation. A weekly close above 572 can push the price higher.

Immediate target of 610 and 650 in the short to medium term. Post which we can see levels of 700.

Support levels at 530, 500 and 480.

Always trade with a strict stop loss of 5-8%.

Note: Not a buy/sell recommendation. Always consult your advisor.

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