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The_Rich_Trader_TRT
Jan 5, 2022 2:07 PM

22% Target in Jubilant Foodworks | Swing Trade  Long

JUBILANT FOODWORKSNSE

Description

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

Trade active

Comments
Zavianjakhar
But Covid Restrictions will stop this upmove for some time
agentroy999
@zavian2017 sir it rose from 2000 to 4000 during lockdown only 🤣
Zavianjakhar
@agentroy999, i really speak volume for chart analysis let us see what is in store till 20 Jan 2022
blissfulOwl5007
sl ho gaya ?
Royalprince2020
good analysis....
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