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TraderRahulPal
Aug 6, 2023 4:15 AM

Huge Breakout Seen in Jubilant Foodworks Ltd || Now it will fly. Long

JUBILANT FOODWORKSNSE

Description

Jubilant FoodWorks Limited (JFL/Company) is part of the Jubilant Bhartia Group and is one of the India’s largest food service Company. The Company holds the master franchise rights for two international brands, Domino’s Pizza and Dunkin' Donuts addressing two different food market segments. The Company also launched its first homegrown brand – Hong’s Kitchen in Chinese cuisine segment.

Market Cap
₹ 34,124 Cr.
Current Price
₹ 517
High / Low
₹ 652 / 412
Stock P/E
127
Book Value
₹ 30.9
Dividend Yield
0.23 %
ROCE
16.0 %
ROE
17.7 %
Face Value
₹ 2.00
Debt
₹ 2,554 Cr.
EPS
₹ 4.08
PEG Ratio
10.3
Promoter holding
41.9 %
Intrinsic Value
₹ 93.4
Pledged percentage
0.63 %
EVEBITDA
32.6


Jubilant Food works Ltd stock was in Accumulation zone since Mid of January. Earlier we have seen stock has corrected almost 50%. But now it has given a indication that it is ready to fly in blue sky. Now sky is the only limit for this. Off course there is many hurdles in between but as this is kind of investment stock then you should not worry about. All parameters looks promising for this ticker.

Some Positive Technical Factor about this Ticker:-

Price is above 200 EMA
We have seen Accumulation zone breakout
Good Volume
Price is sustaining above breakout trendline
MACD and RSI has given bullish crossover (I have not placed as i want chart neat and clean but i have analysed already)


Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.

Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.

Comment

Price has come to retest the levels, this is even better entry point for this ticker.

Comments
cheerlavijayasaradhireddy
sir small doubt in weekly timeframe it faced resistance on 200 dma.it can cross this hundle.can you pls explain this.because i had heard that higher timeframe is more accurated one
Parag1314
Nahi jayega upar
Parag1314
@Parag1314 552, IS the KEY LEVEL 🔑
TraderRahulPal
@Parag1314, Yes Mr. parag
TraderRahulPal
@Parag1314, Wait karo
TraderRahulPal
Yes you are right, Higher time frame analysis is very very mondatery. But don't worry I have done weekly time frame analysis also and It will definitely cross 200 DMA very soon according to huge volumes. Actually EMA and DMA gets change according to time frames. But volumes remains same, so I am expecting momentum for upside only. 👍
ISL-TREND
OSM work Like Allways 🤑❤
TraderRahulPal
@ISL-TREND Thankyou 🙏
vashusinghvs98
nice sir
TraderRahulPal
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