Jubliant Food- Bullish Shark formation on weekly
On Weekly chart we can see Jubliant food forming Bullish Shark, wherein we can see overlapping price action and bullish Bars( Hammer & Doji) near its prz area.
Positive Divergence can also be seen in RSI.
Break below the Prz area would invalidate the said probability.
Near term Resistance can be seen at 920-940 levels, hence stock might spent some time near those levels, before rallying up in any direction.
Positive Divergence can also be seen in RSI.
Break below the Prz area would invalidate the said probability.
Near term Resistance can be seen at 920-940 levels, hence stock might spent some time near those levels, before rallying up in any direction.
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