Techical Levels:Bank Nifty,MnM and Jubliant Foods

Good trading is not about being right, it’s about trading right. If you want to be successful, you need to think of the long run and ignore the outcomes of individual trades.

Ruin is the risk you should be concerned with the most.It can come like a thief in the night and steal everything if you’re not watching carefully

Jubilant Foods

Jubilant was on its dream run from 527 taking support at its 200 DMA and doubled with making at high of 1021 and after that it had a water fall decline earsing almost 40% in matter of 7 trading session. Its always dangerous to capture a falling knife.

200 DMA was support for stock and now 200 DMA will become resistance.

Buy above 718 Tgt

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