Jubilant FoodWorks: Trend, Support and Resistance

The stock

is trading around ₹520 on the daily chart. The stock has recovered strongly from the ₹410–425 zone after a prolonged decline from higher levels. The recent price action shows a clear recovery with higher highs and higher lows. The short-term trend has turned positive with strong upward movement from the July low. However the broader chart structure remains under pressure because the stock is still well below its earlier highs. The immediate resistance is around ₹520–525. A sustained breakout above this zone can strengthen the current recovery. The next visible resistance is around ₹550. Immediate support is around ₹500. Below this the ₹475–480 zone is important followed by stronger support around ₹450. For fresh buyers a sustained move above ₹525 can confirm further strength. A pullback toward ₹500 can be monitored for support. Holders can track the ₹500 level to judge whether the current recovery remains intact.