Jubilant FoodWorks Ltd – Bullish Breakout Above Key Resistance

The stock has broken out of a consolidation zone with strong bullish momentum, indicating buyers are back in control. 🔎 Technical Observations: • Strong breakout with bullish candle • Price trading above key resistance • Rising volume supports the move • Momentum indicators turning positive • Trend remains bullish above support 🔑 Key Levels: • Support: ₹445 – ₹432 • Major Support: ₹420 – ₹400 • Resistance: ₹494 – ₹506 🚀 Upside Targets: • ₹506 • ₹530 • ₹548+ 📉 Risk: A close below ₹432 may weaken the bullish setup. 📈 Trading View: 👉 Fresh breakout with improving momentum. 👉 Sustaining above ₹494 can extend the rally towards higher targets. ⚠️ For educational purposes only. Not a buy/sell recommendation. — AALGO BREATHS 📊