BlackJackCo

NSE: Jubilant Food Long / Short for downside

Short
BlackJackCo Updated   
NSE:JUBLFOOD   JUBILANT FOODWORKS
Jubilant might see some bounce back to 1400 level before moving towards lower levels.
Possible short near 1400 level for a target of 1318, 1248, 1223, 1177, 1037 & below
Use stop loss above 1440
For short term Long position target around 1400, with stop loss for 1248 or so.
Preferred strategy Short on rise
Trade closed: target reached:
First target 1318 hit achieved. Trail for next.
Comment:
Touched near to Second target with low of 1264
Trade closed: target reached:
Hit Second target for 1248 on Feb 26. with low of 1245

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