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Jubilant FoodWorks Looks Weak On Charts: Sumeet Bagadia

PUBLISHED ON: September 20, 2016 | Duration: 16 min, 09 sec

  
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Sumeet Bagadia, associate director at Choice Broking, says Jubilant FoodWorks looks weak on charts and has important support at Rs 930 and if that is broken then it can go down to Rs 850-800. Investors who are holding sell positions should continue to hold and fresh shorts should be created below Rs 930 for target of Rs 850-800, adds Mr Bagadia.
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