SwingtradesbyAbhishek

JUBLFOOD - Is the channel broken

NSE:JUBLFOOD   JUBILANT FOODWORKS
JUBLFOOD -1D timeframe: It seems like the channel is broken down, however, there is a 200 DMA which could act as a support.

Shorting Opportunity: If 200 DMA is taken away in Daily timeframe
Long Opportunity: If the stock comes back into the channel

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