HawkishDove

JUBLFOOD BO [Weekly]

NSE:JUBLFOOD   JUBILANT FOODWORKS
JUBLFOOD showing signs of emerging out of a bottom formation in the past few weeks. Positives for now are :
  • 10W/40W Cross
  • Higher than average volumes in past 2 weeks

Stock has given a small weekly base BO but next pivot is at ~652 which is > 10% away from here. Good to a keep a track of this stock as fundamentally it has had a couple down quarters in terms of EPS growth but funds at the same time have accumulated this stock.

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