ADF FOODS LTD.
Updated

ADF Foods Long

83
CMP 239
TGT 251,266,288
SL 225.

This is purely based on Fibonacci Series. Lets see if it reacts at the retracement levels.

Disclaimer: I am a novice at charting and this chart is purely for educational purpose. Views and opinions , especially of ppl who are good at fibonacci are welcome
Note
Its a squeeze between the 50 SMA and the 20 EMA. Lets see which way it breaks. Since its below 50 SMA, likely to break on downside

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