Jubilant Foodworks Limited

Jubilant Foodworks - Time for Profit Booking ?

107
Jubilant Foodworks JUBLFOOD has had a massive rally since June last year and came up with a strong set of numbers 2 days ago.

However, it is still going down which is a sign that the stock has run up too far and now Investors have started booking profits.

With a Negative Divergence and a Bearish Engulfing candle at the top, the stock presents a nice opportunity to go short !!

Took short position here with a stop loss of around 2690 and first target at around 2300 levels.

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.