Piyush-Gupta

JUBLFOOD, TIME TO PIZZA & DONUT CO. TO SHINE AGAIN (CHART# 359)

Long
NSE:JUBLFOOD   JUBILANT FOODWORKS
1218 views
52
JUBLFOOD chart is presenting us many factors for its another leg of upmove.
1. Flag pattern breakout happened couple of days back and it has broken its previous high.
2. It did a retracement to 61.8% and bounced back.
3. Volume is building up in last 3-4 sessions.
4. During Muhrat trading session, previous high acted as support.

Above 2505 on Tuesday (17-Nov) it can continue its upmove. Must have on your watchlist.

Watch my other charts to understand simple price action used for all of the analysis. Keep your charts simple and free from lagging indicators. Reach out if you wish to learn powerful technical analysis based on simple price action.

Thanks
Piyush Gupta
If you wish to learn & earn, then join telegram channel https://t.me/priceactionchart

For Alert Tool & Course details visit https://sites.google.com/view/priceactionchart

Whatsapp : 9717077198

Comments

Nice chart
+1 Reply
Super chart sir.. didn’t notice that flag pattern. And I booked my swing entry early, but now I realise that it was a pullback to flag BO. After that it went up nicely. Thanks for insight.
+1 Reply
Nice chart Piyush. Thanks for sharing it.
+1 Reply
nice chart thanks for sharing sir
+1 Reply
nice chart sir, flag is interesting find in this one.
+1 Reply
@Piyush-Gupta good volume and can expect it to go till 1.2 level fibo I think. Thank you for sharing the knowledge sir.
+1 Reply
Piyush-Gupta SairamParamasivam
@SairamParamasivam, yes very high probable it this break and sustains.
Glad you applying fibo extension
Reply
Excellent chart Sir.
+1 Reply
So sl below that low it formed on muharat
+1 Reply
Piyush-Gupta cskrishna86
@cskrishna86, it can be big. Analyze chart in lower time frame. I will share in group if this triggers on Tuesday
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out