Weak momentum may drag Jubilant Foods lower, says analyst

Shares of Jubilant FoodWorks, the Domino's Pizza franchisee, faces potential decline below the ₹600 level due to weakening momentum, according to analyst Kush Ghodasara. The analyst highlights bearish signals as the stock struggles to stay above short-term moving averages, with RSI and MACD indicators pointing to further downside.