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.
🔄 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
@praghna258584 We've set the stoploss below 510 for added safety against shakeouts. We'll continue holding jublfood unless it breaks and closes below 515.