NeeteshJain

JUBLFOOD: It's time to BUY pizzas

Long
NSE:JUBLFOOD   JUBILANT FOODWORKS
Key take aways:

1. Completion of 5 corrective waves

2. All Oscillators are at over oversold conditions

3. Almost no risk to high reward condition.

Markets are in down trend but for next couple of weeks a upward rally can be expected in the market due to many short covers in market, which can also support the upward rally of this overheated pizzas.

Trade safe, cheers.


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