JUBILANT FOODWORKS LTD
Long
Updated

BEATEN DOWN STOCK FORMING BASE

355
Jubilant Foodworks has fallen from 586 and is now forming base. Company is diversifying, stock moved by more than 5% as it acquired stake in O2 Renewable. Trendline broken, double bottom breakout awaited.
Trade active
BREAKOUT complete. Re-testing, let's see when it reverses. Aggressive traders can make position here.

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