jubilant food-potential swing setup against its current trend

jubilant food works after being hammered solid its near its potential buying zone
pretty oversold in the channel as you can seen

also jubilant has completed the classic ab=cd pattern, expecting at least a 0.382 to 0.5 retracement(marked on far right)

0.5 retracement also happens to be the old swing high where liquidity is expected to be sitting


jubilant has corrected almost 45% and this might be a good time to start buying this stock if you believe in his story