The stock of Jubilant FoodWorks has been rallying over the past two weeks. On Monday, it broke out of a resistance at ₹456, hit a four-month high of ₹495.10 on Wednesday and has now moderated to ₹473.75.The rally began on the back of the support at ₹410. Overall, the price action suggests the stock has potentially turned the outlook positive, and a further rally is in the cards. We expect it to appreciate to ₹600 before the end of this year.Therefore, traders can go long now at ₹473 and buy more shares if the price drops to ₹460. Place initial stop-loss at ₹430. When the stock hits ₹550, revise the stop-loss to ₹525. On a rally to ₹575, raise the stop-loss to ₹550. Book profits at ₹600.(Note: The recommendations are based on technical analysis. There is a risk of loss in trading.)Published on August 7, 2026