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nileshgr

Fibonacci retracement possible

JUBILANT FOODWORKS (NSE:JUBLFOOD)  
nileshgr Updated   
NSE:JUBLFOOD   JUBILANT FOODWORKS
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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

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