JUBILANT FOODWORKS LTD
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Swing Opportunity in Jubilant Food

Go Long above 3853.2 for Targets of 4071.4, 4507.8, and 177.3 with SL 3635

Reasons to go Long :

1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.618 Fibonacci level.

2. A bullish chart pattern, Double Bottom (W pattern) is formed around 0.618 Fibonacci level.

3. Also there is a strong support zone (marked with purple color), from which the stock initially faced resistance but now is taking support and moving up.
İşlem aktif
Entry triggered on 8 Nov 2021
İşlem kapandı: hedefe ulaştı
Target 1 achieved on 16 Nov 2021

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.