Bullish Signal on Jubilant FoodworksA Double bottom has formed which is a good signal with MACD showing buy signalLongby Abhijeetanalyzing3
JUBLFOOD: It's time to BUY pizzas 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. Longby NeeteshJain113