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ScienceBehindTheChart
Apr 3, 2024 4:22 PM

Jubalfood  Long

JUBILANT FOODWORKSNSE

Description

As per weekly chart set up, the following is observed :-

1. Positive crossover in MACD just below centre line is going to take place.

2. RSI reversal from oversold zone seen.

3. Weekly green candle seen which is a positive for upcoming days or trend changed candle.

So, 480 and 500 levels can be seen in the stock in next coming days. So, 460 call option or 480 call option of Apr series cab be a good bet for multifold returns.
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