Written by 
Long-term investors can buy the shares of Jubilant FoodWorks (₹585.10) at current levels. The downtrend that was in since November 2021 ended in March this year by making a low of ₹420.85. The strong rise since then indicates the beginning of a new long-term uptrend in this stock. After making a high of ₹715.15 last […]
The Bank Nifty index has declined sharply, breaking below support at 51,000. This is contrary to our expectation that the index would sustain above 51,000. As such, our bullish view mentioned yesterday has gone wrong. The index is currently trading at 50,560, down 1.9 per cent. The advances/declines ratio is 2:10, which clearly indicates a […]