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Friday, March 25, 2011

Jubilant Foods: Trend Triangle


JUBILANT FOODS Daily NSE Stock Chart Technical Analysis:

Jubilant Foods is in a trend triangle and most probably a breakout will occur on 27th, Monday.

Close & CMP: 548
  • Upper breakout is 551 for going long and lower breakout is 540 for going short.  Trade only in direction of overall NIFTY trend.
  • The momentum is wavy and so the direction of this stock cannot be trusted yet, so avoid taking long term positions.
  • Jubilant Foods ट्रेंड त्रिकोण में है.  शोर्ट टर्म ही ट्रेड करें, अभी कोई लम्बे समय तक चलने वाला ट्रेंड नज़र नहीं आ रहा है. 

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