Jubilant Food has formed Bearish Engulfing on weekly charts..Can test 900-920 once low 977 is broken.... On daily it has formed hammer so some dead bounce expected once friday high is crossed till 1100..but overall looks weak....
Trade closed: target reached
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Jubilant Food as said dead cat bounce expected which may take it to 1100 after crossing fridays high....1105 high made today..