Trading Calls: Jubilant Foodworks, Tata Steel & PNB No ratings yet.

Trade Date- 12/03/2018

(1) Jubilant Foodworks: The stock has formed a base after a brief period of retracement. The upside momentum is expected to continue above 2075/- and the stock may be bought above the said level for targets mentioned below.

Technical pattern:  SMA crossover

Action

Trigger Price

Stop Loss

Target 1

Target 2

BUY >2075 1999 2095 2140

(2) Tata Steel: The stock has broken down an  important support level placed at 650/- odd levels. Any break below 600/- will again initiate fresh selling in the counter

Technical pattern: Below 50-Day SMA

Action

Trigger Price

Stop Loss

Target 1

Target 2

SELL <600 625 594 586

(3) PNB: The stock has formed a bearish candlestick pattern on daily charts and lower levels may be seen in the counter below 95/- odd levels.

Technical pattern: Downtrend

Action

Trigger Price

Stop Loss

Target 1

Target 2

SELL <94.90 99 93 89

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Author: Traders' Chowk

3 thoughts on “Trading Calls: Jubilant Foodworks, Tata Steel & PNB

  1. [26/03, 6:44 PM] 🙏: Dear madam, good evening.i m interested in learning about the stock analysis under your guidance.please guide me
    [26/03, 6:44 PM] 🙏: Regards, ramesh
    [26/03, 6:44 PM] 🙏: Can I talk to you
    [26/03, 6:44 PM] 🙏: Madam

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