Jubilant Food after completing it 5 wave cycle finding its support at black horizontal line. Let counter waves ABC get completed and price take support at the middle "Lemon" line of the Channel, then you can expect a first level of 535.
For execution, please use other indicators like RSI, William%R and SMAs or EMAs
Disclaimer: Author is not a SEBI Registered Analyst and the contents have been created only for educational purposes. For making any decision, please consult your Financial Advisor.