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Jubliant Food : Double Bottom

Long
NSE:JUBLFOOD   JUBILANT FOODWORKS
The stock has a history of making doublt/tripple bottom and move about 600 points.

It has been repeated twice. Let's see if this repeats this time as well.

Currently stock is forming a base and created a double bottom pattern breakout of which is still awaited.

DISC: For educational purposes only.
Comment: Almost 500 points movement from double bottom today. Time to trail SL below gap up opening candle.
Trade closed: target reached

Comments

Thanks for the contribution. Cheers!
100 coins
+2 Reply
trade_opportunities AbhishekHSinghCMT
Reply
Can you plz mention entry and sn SL
+4 Reply
trade_opportunities Bhanuparuchuri
@Bhanuparuchuri, Dear Sir,

This is not a buy or sell call. If you want levels then please connect with me at instagram @trade_opportunities.
+1 Reply
Just wondering, werent the last 2 bottoms created during the first and second wave of covid? The subsequent increase was in line with the overall uptrend by index as a whole right..?
+2 Reply
hit 3600. unbelievable brother.
+1 Reply
SIR YOUR VIEW ON TATAPOWER
+1 Reply
Nicely identified
+1 Reply