manuagarwal21

Jubliant Food- Bullish Shark formation on weekly

NSE:JUBLFOOD   JUBILANT FOODWORKS
2
On Weekly chart we can see Jubliant food forming Bullish Shark , wherein we can see overlapping price action and bullish Bars( Hammer & Doji ) near its prz area.
Positive Divergence can also be seen in RSI .
Break below the Prz area would invalidate the said probability.
Near term Resistance can be seen at 920-940 levels, hence stock might spent some time near those levels, before rallying up in any direction.

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