JUBILANT FOODS.. unable to climb higher even when nifty flat or grinding up..
forming wicks losing momentum
time to sell. SL 1630 target 1540 1480.
this is a positonal call. december series.
any upmove can be used to short or short at cmp and add again at higher price.
previous call given at 1620 . still hold though i closed it
forming wicks losing momentum
time to sell. SL 1630 target 1540 1480.
this is a positonal call. december series.
any upmove can be used to short or short at cmp and add again at higher price.
previous call given at 1620 . still hold though i closed it
Comment:
closed below 20 dma after 3 days of forming dojis,, couldnt go up.. downside starts now. target will be daily kijun..
Comment:
niftys move today pulled the stock up. any upmove to 1630 can be a short again..
i can be very wrong also :)
i can be very wrong also :)
Trade closed: stop reached