Jubilant Foodworks Trend Analysis

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Expect support around 365 level, which lies in confluence with key support trendline.

FIIs sold a major chunk, which was bought by DII's & retail public.

Rising debt is concerning while profit figures are getting better with better sales and OPM%.

Can accumulate around 350-380 levels for the following targets:

Short term swing target @ 550 (50% ROI with 5.3 R:R)

Medium term swing target @ 750 (105% ROI with 11 R:R)

Long term positional target @ 1100 (201% with 21 R:R)

Stop loss @ 330

Do your own due diligence before taking any action.

Peace!!

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.