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nileshgr
Jan 23, 2018 4:03 AM

Fibonacci retracement possible 

NSE:JUBLFOOD1D
JUBILANT FOODWORKSNSE

Description

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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

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23% retracement done @ 1965
Chart PatternsTechnical Indicators
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