trendline19

Jubilant Food seems ready for reversal

Long
NSE:JUBLFOOD   JUBILANT FOODWORKS
Jubilant Food is one of the India’s largest food service Company. The Company holds the master franchise rights for two international brands, Domino’s Pizza and Dunkin' Donuts addressing two different food market segments and now has Popeyes in its food segment. On chart strong reversal seems to be happening with volume

With this week low as SL one can take long position with first tgt as 580 and 650 as second tgt.

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