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Nov 14, 2016 5:42 PM

Jubilant Foodworks buying opportunity on the way Long

JUBILANT FOODWORKSNSE

Description

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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