mmjimm

JUBLFOOD Next Down Move started ????

Short
mmjimm Updated   
NSE:JUBLFOOD   JUBILANT FOODWORKS
Chart looks Prudent for yet another down move !!!

This is in continuation of the idea posted about jublfood few days back...Refer to it... I have attached below the link to it.(under related ideas)

Target and SL levels (dashed lines) mentioned in chart.

Be cautious if it breaks above the resistance line(thin red trend line ) of the descending channel down side.


Let's wait and watch!!!


Note- just sharing my view....not a tip nor advice!!!







Trade active
Comment:
its right at that thin red resistance line...
Trade active:
RESPECTING THE LEVELS !!! BEARS HOLD STRONG!!
Comment:
Nearing the target...
Trade active:
1st Target done....
be cautious...there is a possibility of quick retracement upside...
if day candle strongly closes out of the red line....better to exit!!!
will update!!!
Comment:
travel to target 2 on ?!!!
Trade closed: target reached:
Target 2 done!!!