In Daily TF it has formed a Bearish flag and where the selling pressure was predominately higher till 1136 from there it took a little correction where in 4HTF it has formed a rising wedge making HH and HL and on 3rd April it has made a recent LL and formed a new supply zone in 4HTF. Once it retested the 4HTF supply zone we can go for sell enteries in lower TF. Will keep you posted with the updates.
JUBLFOOD has retested its supplyzone where it is was making HH and HL and we can see the there is no buying pressure as its goes to the supply zone. It has broke its recent HL and we see the perfect bearish pressure starting and it has all potential to reach 1174.