BUY
basic understanding:
Stock has seen high selling pressure due to management changes and below expectations financial results. They are short term in nature and company should able to resolve it in few months. Also JUBLIANT FOODWORKS is one of the best performing stocks in last 5 years.
Technical Analysis:
JUBLIANT FOODWORKS is around 40% down from its 52 week high. it is trading in strong support range from 2500-2600 levels and 200 week ema. RSi is also in over sold levels.
basic understanding:
Stock has seen high selling pressure due to management changes and below expectations financial results. They are short term in nature and company should able to resolve it in few months. Also JUBLIANT FOODWORKS is one of the best performing stocks in last 5 years.
Technical Analysis:
JUBLIANT FOODWORKS is around 40% down from its 52 week high. it is trading in strong support range from 2500-2600 levels and 200 week ema. RSi is also in over sold levels.
Comment:
stock has breaken 20 day ema. You can take positions now!!