22% Target in Jubilant Foodworks | Swing Trade
Updated
Beautiful 12%-22% target in Jubilant Foodworks
Target 1 = 12%
Target 2 = 22%
Reasons to enter -
1. Beautiful price consolidation inside channel
2. Survived bear trap
3. Breakout of the horizontal demand level
4. Wait for powerful breakout of the resistive trendline that would be our entry at closing of daily candle
5. RSI above the MA
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The Rich Trader
Rohit Sharma
MTech IIT Guwahati
Target 1 = 12%
Target 2 = 22%
Reasons to enter -
1. Beautiful price consolidation inside channel
2. Survived bear trap
3. Breakout of the horizontal demand level
4. Wait for powerful breakout of the resistive trendline that would be our entry at closing of daily candle
5. RSI above the MA
Please hit the like button this really motivates me to make more such analysis.
Hit Follow to get regular notifications of my analysis.
The Rich Trader
Rohit Sharma
MTech IIT Guwahati
Trade active
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