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NeeteshJain

Jubilant Foodworks: Big Monthly Support Breakout

Short
JUBILANT FOODWORKS LTD (BSE:JUBLFOOD)  
NeeteshJain Updated   
BSE:JUBLFOOD   JUBILANT FOODWORKS LTD
JUBILANT Support and Resistance
8
0
jubilant supportandresistance
It is been observed on the monthly chart that the price action breaks below previous important and major support levels of 970-940 indicating a big bearish move ahead. It shall now move further down to next support levels at around 750 levels in next few months.

Target 1: 852
Target 2: 800
Target 3: 785
Target 4: 755
SL: 1015
Trade active
Trade active:
Target 1 closing up

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