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!!!
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