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Saturday, April 19, 2014

19-4-2014 - JUBLFOOD



            JUBLFOOD has closed at Rs. 983.95 /-. Even after NIFTY rallying a huge 104 points, this stock did not inch up a bit. In fact it closed a 2 % down with a big decisive red bar. And this indicates a continuation of a down trend in this stock. One can
sell this stock below previous low i.e. Rs. 978.10 /- for the targets of Rs. 955 /- and Rs. 932 /-. A strict Stop Loss of Rs. 1013 /- is a must as NIFTY is in a strong up momentum.



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