 "technicals")
BUY JUBILANT FOODS
CMP: Rs 3,689
TARGET : Rs 4,200-4,250
STOP LOSS: Rs 3,550
The stock has witnessed a decent correction from the peak of Rs 4,590-level and has bottomed out near the previous support base of Rs 3,590 levels followed by improvement in the bias with signs of reversal indicated and immense potential anticipated on the upside.
The RSI also has flattened out after the steep fall and is well placed near the oversold zone showing signs of a trend reversal and has potential to rise further in the coming days. We suggest to buy and accumulate
CMP: Rs 3,689
TARGET : Rs 4,200-4,250
STOP LOSS: Rs 3,550
The stock has witnessed a decent correction from the peak of Rs 4,590-level and has bottomed out near the previous support base of Rs 3,590 levels followed by improvement in the bias with signs of reversal indicated and immense potential anticipated on the upside.
The RSI also has flattened out after the steep fall and is well placed near the oversold zone showing signs of a trend reversal and has potential to rise further in the coming days. We suggest to buy and accumulate
