JUBILANT FOODWORKS - Base formation
The stock had seen quite a fall in the past few months.
Now it looks like it is forming a base around 2750 -2700 levels.
Immediate Resistance is at 2870 levels, not strong enough to resist prices for long.
Hence holding 2700 levels, the stock is most probably getting ready for a reversal.
Now it looks like it is forming a base around 2750 -2700 levels.
Immediate Resistance is at 2870 levels, not strong enough to resist prices for long.
Hence holding 2700 levels, the stock is most probably getting ready for a reversal.
Penafian
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