Shepherdofdalalstreet

Jubilant - High Risk Counter Trend Reversal Possible

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NSE:JUBILANT   None
Jubilant seems to be trading at its historical support at 400. In the shorter time frame forming a minor inverse head and shoulder pattern with neckline around 450. A decisive breakout above this level could suggest a move towards 500-540. Mean revision from oversold levels could help along the way.
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