We have plotted Jubilant Foods in hourly time frame. On 12-04-23, Stock is opened gap up with tremendous volume. If we combine both gap trading and price volume theory, there is a good possibility that stock moves up in next few days. One can make long position depending upon own risk tolerance level.
Note : I am not SEBI Registered Analyst/Advisor. This article is written for educational purpose only.
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.