JUBILANT FOOD.. time to fall Short

JUBILANT FOODWORKSNSE

Description

⋅ Nov 21, 2019 8:56 AM

JUBILANT FOODS.. unable to climb higher even when nifty flat or grinding up..
forming wicks losing momentum
time to sell. SL 1630 target 1540 1480.
this is a positonal call. december series.
any upmove can be used to short or short at cmp and add again at higher price.

previous call given at 1620 . still hold though i closed it

Comment

⋅ Nov 24, 2019 6:16 PM

closed below 20 dma after 3 days of forming dojis,, couldnt go up.. downside starts now. target will be daily kijun..

Comment

⋅ Nov 25, 2019 11:07 AM

niftys move today pulled the stock up. any upmove to 1630 can be a short again..
i can be very wrong also :)

Trade closed: stop reached

⋅ Nov 26, 2019 4:06 AM

Comments

arvindjain1234

⋅ Nov 25, 2019 11:28 AM

It will go up beyond 1700 and 1800

mklives

⋅ Nov 25, 2019 11:31 AM

@arvindjain1234, ya eventually before it needs a correction. stretched on daily charts i feel

tonylouis_23

⋅ Nov 22, 2019 5:53 AM

great share. Thanks

The_RedTicker

⋅ Nov 22, 2019 3:30 AM

One of these days it should give a hefty gapdown right?

mklives

⋅ Nov 22, 2019 3:41 AM

@The_RedTicker, actually i am waiting for that too..

The_RedTicker

⋅ Nov 22, 2019 3:46 AM

@mklives, I am not sure what the black moving average is on chart, but by looking at chart I think it should first breakthrough and close below that black average. Until then i dont expect to see that gapdown.

The_RedTicker

⋅ Nov 22, 2019 3:48 AM

@mklives, either way, Good spot!

eyefornew

⋅ Nov 21, 2019 9:54 AM

Thanks you so much for post it just an hour back, i was about to close my trade but your post made me book 3 times more profit.

mklives

⋅ Nov 21, 2019 9:55 AM

@eyefornew, awesome.. have a great day. conserve your profits.

eyefornew

⋅ Nov 21, 2019 9:58 AM

@mklives, Sure, though I am not clear why suddenly such a big green candle, every time I see it dropping some big guy pulls it back. what's really happening here?