Jubilant Food , forms "Ascending Triangle Pattern" on hourly time frame as well as 15min TF also.
Above I gave all the details with Stop & target & this could be a nice rally for those who missed Biryani Treat from JublFood.
you can also research it and post it in the comment section.
Now this is an interesting chart wherein I have highlighted three theoretically bullish patterns.
Highlight # 1 and 2 are both Bullish Harami pattern wherein #1 lacks the existence of a well-defined down trend. Comparatively #2 was better off with an erstwhile decent sized down trend. Did not play out that well as we do not notice any bounce back.
Now we have...