2023-09-26 09:18:51 am | Source: Religare Broking Ltd
Stock of the day : Jubilant Foodworks Ltd For Target Rs. 575 - Religare Broking Ltd
Jubilant Foodworks Ltd
* JUBLFOOD has been gradually inching higher with rising volumes from last more than six months.
* The stock has formed fresh buying pivot holding above its short term moving averages.
* Price pattern combined with uptick in volumes suggests bullish tone to continue.
* We thus recommend creating fresh longs in the mentioned zone.
Buy Jubilant Foodworks Ltd CMP 541.40; Range 540-543; SL 524; Target 575
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