rahul.u.bhagwat

JUBILANT : Accumulate..

Long
NSE:JUBILANT   JUBILANT LIFE SCIE
Jubilant foods is showing a contraction in weekly charts, however volume strength suggests that the scrip is being accumulated.
Gradually increase accumulating till it reaches 663 (Use position sizing).
Keep a SL at 642 & look for targets of 752.

Comments

Majority dont understand the true meaning of accumulation , they tend to buy only after it made some good amount of rise in terms of % , that is the reason institutional are Kept calling it as dum Money not form years , but form century
Regards
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