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mklives

JUBL FOOD. continues in divergence

Short
JUBILANT FOODWORKS (NSE:JUBLFOOD)  
mklives Updated   
NSE:JUBLFOOD   JUBILANT FOODWORKS
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
JUBILANT FOODS. is in negative divergence. and has closed below 20 dma today.
can first test daily kijun at 1573 . if it bounces from there. use any rise to 1640 to go short again
Comment:
tested daily kijun today
Comment:
snapshot

any bounce up to 1600 or above is a sell..
Comment:
stock tested 1629 today and correced. unable to sustain at 1630 1640 levels
Comment:
tested previsions fall support 1560. one more time it should go up..and the big fall starts probably.. short around 1600 1610
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