manuagarwal21

JUBILANT FOODWORKS - Base formation

Long
NSE:JUBLFOOD   JUBILANT FOODWORKS
The stock had seen quite a fall in the past few months.

Now it looks like it is forming a base around 2750 -2700 levels.

Immediate Resistance is at 2870 levels, not strong enough to resist prices for long.

Hence holding 2700 levels, the stock is most probably getting ready for a reversal.


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