JUBILANT FOODWORKS LTDPembelian
Jubilant Food - Long/Short Opportunity
Long/Short Opportunity -
Jubilant food is creating a mystery because on the day & 1-hour timeframe chart it is showing a downtrend & on the 15M timeframe chart, it is showing starting of the uptrend. The CPR is narrow and on the upside, which means there is a bullish move is expected, but the CCI is neutral so we have to wait for the confirmation for the move. If the first candle closes above the 0.618 level of fib retracement i.e. 2948.90 then there will be a long opportunity.
Jubilant food is creating a mystery because on the day & 1-hour timeframe chart it is showing a downtrend & on the 15M timeframe chart, it is showing starting of the uptrend. The CPR is narrow and on the upside, which means there is a bullish move is expected, but the CCI is neutral so we have to wait for the confirmation for the move. If the first candle closes above the 0.618 level of fib retracement i.e. 2948.90 then there will be a long opportunity.
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