Govt through the budget has given a push to the fishery segment and Avanti feed is bound to get benefitted with the stock.
Jubilant Foodworks Limited Technical Analysis
We have been bullish with a long term perspective in Jubilat food we had given a long term buy call Jubilant Food as early as July 2013 and can be seen by clicking the link. Above 2000 stock will get into a new league and can target 2100-2200-2500 level with a long term perspective.
As of now, Jubilant Food is in a rising trend channel in the medium to long term. The stock has strong positive momentum and a further increase is indicated. The stock is overall assessed as technically positive for the medium long term. Have a look at stock annotated chart here.