nextgen

Jubilant Foodworks buying opportunity on the way

Long
NSE:JUBLFOOD   JUBILANT FOODWORKS
Jubilant Foodworks trading in bearish trend for long time and has been unable to break the trend, it is forming a descending triangle pattern, It closed last week on strong support 893.00 and seem to go upward from there with a target of around 1100.00 in near term. traders may go long on this stock, but be cautious of breakout downward, it breakout occurs exit with small stop loss

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