Re-entering the Rally: Jubilant Food - Channel Support Strategy!

Updated
📈 Trade Update: Jubilant Food 🍕

Previously, we successfully rode a rally in Jubilant Food, executing a trade based on the channel support and resistance. Refer to the chart attached on my profile for details.

Jubilant Foodworks Ltd. | Technical Analysis and Entry Strategy


🔄 Trade Logic:
Re-entering as the stock revisits the channel support. Here are the details:
- Buying Price: Around 531
- Stoploss: Below 515
- Targets: 580+ (around channel high), with a potential trail if a breakout occurs.

Trade wisely and stay tuned for updates! 🚀💼 #StockTrading #JubilantFood
Trade closed: stop reached
channeltrendChart PatternsJUBLFOODJUBLIANTFOODWORKSlongsetupsupportTrend Analysis

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