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Stock of the day : Buy Jubilant FoodWorks Ltd For Target Rs. 555 - Religare Broking Ltd
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Jubilant FoodWorks Ltd
* Jublfood has witnessed a decisive breakout from a bullish Cup and Handle price pattern with noticeable volumes.
* Stock has reclaimed its key moving averages, adding to the positivity.
* The chart pattern along with strong volumes and momentum suggests upmove to continue.
* We thus recommend creating fresh longs in the mentioned zone.
BuyJubilant FoodWorks Ltd CMP 517.65; Range 514-518; SL 498; Target 555
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