Jubilant Foodworks- CMP 692
Bear zone- the 715 is a bear zone and that the stock has halted for two months in that zone is asking one to be cautious.
Candlestick- at the resistance zone we have two long legged Doji which is a reversal candlestick pattern.
RSI - Negative divergence at resistance on the monthly charts at bear zone is alarming again of a change in trend. The change of oscillation from bull to bear on daily charts is telling me the time has come for a major correction.
Bear zone- the 715 is a bear zone and that the stock has halted for two months in that zone is asking one to be cautious.
Candlestick- at the resistance zone we have two long legged Doji which is a reversal candlestick pattern.
RSI - Negative divergence at resistance on the monthly charts at bear zone is alarming again of a change in trend. The change of oscillation from bull to bear on daily charts is telling me the time has come for a major correction.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.