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Santosh_A_Chavan
Aug 17, 2022 12:30 PM

[Positional] Jubiliant Foods Long

JUBILANT FOODWORKSNSE

Description

JUBLFOODS has prepared a nice Inversed head and shoulder pattern. And also it has broken out of that pattern very convincingly. Also 590-596 was a resistance zone which it had crossed successfully.

LONG position can be taken in this.

Entry:- 605-605 [immediate]

Target:- 790

SL- 509 ( Ideally SL should be a last shoulder of pattern - but right shoulder is not very clear - little tilted and flat - so taking last the swing low - which appeared after the shoulder )

Trade active

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