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.
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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.
alphafound
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Nice chart Piyush. Thanks for sharing it.
BennyVincent
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nice chart thanks for sharing sir
stockkar
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nice chart sir, flag is interesting find in this one.
SairamParamasivam
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@Piyush-Gupta good volume and can expect it to go till 1.2 level fibo I think. Thank you for sharing the knowledge sir.
Piyush-Gupta
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@SairamParamasivam, yes very high probable it this break and sustains.
Glad you applying fibo extension
chesmn
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Excellent chart Sir.
cskrishna86
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So sl below that low it formed on muharat
Piyush-Gupta
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@cskrishna86, it can be big. Analyze chart in lower time frame. I will share in group if this triggers on Tuesday