food and beverage industry-JUBLFOOD might heading towards 855

Jubilant FoodWorks Ltd future chart Jubilant FoodWorks Ltd stock is trading at 1100 with loss of 5% for the day. Stock is top loser in F&O segment. Technically tock is bearish and after breakdown below 120 stock had achieved its downside tgts of 1070 and 982.     Now trading with 5% loss. For short term 1210 was best shorting opportunity and has achieved its tgts. But from medium to long term view, stock looks bearish and in my view stock is heading towards 855 zone.   On upside trend will reverse if sustain above 1200 levels. Below 1080 expect accelerated selling in stock from investors.

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Pramod Baviskar

Professional Market Trader And Owner Of Dalal Street Winners Advisory And Coaching Services. Working Since 2007 And Online Presence Since 2010. We Provide Highly Accurate And Professional 1 Entry And 1 Exit Future, Option, Commodity, Currency And Intraday Stock Tips On Whatsapp With Live Support And Follow Up.
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