Jubilant Foodworks stock has behaved in 2 different manner in the last 2 Qtr results as highlighted in Boxes, the key point to note is the low which it made on 30th May which held on in next few days as well, which led to stock moving up.
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| Jubilant Foodworks - Daily Chart showing the 2 result reactions. |
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Below is the Weekly charts in which Fibo levels are marked, the stock is LIKELY to face resistance in the 1497-1356 Price band.
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| Jubilant Foodworks Weekly Chart with Fibo levels marketed. |
A Sub Broker with SMC India. No charges for stock reco to clients. In stock markets from 2001. Have seen bull and bear markets. Surviving bad times is the key.
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