Bought Jubilant Foodworks shares in Dec-2023.
I have bought some shares of Jubilant Foodworks on 7-Dec-23 as my technical analysis is showing that it is poised to go up in the coming months.
My cost per share is Rs. 556/-
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Brands of Jubilant Foodworks Limited
Jubilant Foodworks had corrected from around Rs. 900 in Oct-2021 to Rs. 415 in March-2023. That is around 50% correction.
Now it is going up again. And my analysis shows that it will go up now to around Rs. 1,200 in around 2 years.
That would be a return of 100% profit in 2 years.
Note: Please note that I do not give investment advice. What you buy or sell is entirely up to you. I’m just blogging about which shares I bought at what cost.