s.arun.natesh

Jubilant Foodworks. Cup of Joy

Long
NSE:JUBLFOOD   JUBILANT FOODWORKS
A cup and saucer pattern, a breakout from the neckline, a retest and again a strong breakout. This sums up what we are seeing in the counter. Add to that, MACD crossover and we have a solid long trade with an interim target of 540 and a potential test of 590. Go long.

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.