kathanthakkar403

Triangle breakout in Jubilant Food

Long
NSE:JUBLFOOD   JUBILANT FOODWORKS
Chart -> Jubilant Food Daily

After a downtrend, a triangle breakout has happened. Immediate resistance of 467 is there, close above that will lead to further targets.

CMP: 461
Good Range: 450 to 460
Target: 515, 535
SL: 442 Daily Close

Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.