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nileshgr

Fibonacci retracement possible

JUBILANT FOODWORKS (NSE:JUBLFOOD)  
nileshgr  
NSE:JUBLFOOD   JUBILANT FOODWORKS
Chart Patterns Technical Indicators
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chartpattern indicator
Rounding bottom formation has happened (see linked idea). I think we can wait for price to cool down to 1967 - fibonacci retracement wrt to the bull run

RSI levels have crossed the overbought zone (70).
Comment: 23% retracement done @ 1965

Related Ideas

nileshgr
Fibonacci Retracement happened wrt to recent bull rally
yndesai
Rounding bottom formation
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