At the top of the trend forms a bearish engulfing with a significant volume. Entry for short at 2536, stop loss at 2669, the risk is 133 and the target 2403.
, , JUBLFOOD
, , JUBLFOOD
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Dilil Suresh ,
Good observation.
RSI is showing negative divergence and RSI has fallen below the 70 level.
Thanks and regards,
Dr. Bhushan
Jubilant Foods is moving as per the direction. Today’s low 2463. Should touch the target of 2434 on 11/05/2018.
Dr. Bhushan
Jubilant food hit the target of 2434. It made the low of 2433 and closed at 2477.85.
Congrats to you Dilil Suresh,
Thanks and regards,
Dr. Bhushan