jubilant food works after being hammered solid its near its potential buying zone
pretty oversold in the channel as you can seen
also jubilant has completed the classic ab=cd pattern, expecting at least a 0.382 to 0.5 retracement(marked on far right)
0.5 retracement also happens to be the old swing high where liquidity is expected to be sitting
jubilant has corrected almost 45% and this might be a good time to start buying this stock if you believe in his story
pretty oversold in the channel as you can seen
also jubilant has completed the classic ab=cd pattern, expecting at least a 0.382 to 0.5 retracement(marked on far right)
0.5 retracement also happens to be the old swing high where liquidity is expected to be sitting
jubilant has corrected almost 45% and this might be a good time to start buying this stock if you believe in his story