Jubilant Foods - Bullish patterns

Jun 4, 2018

1. Tweezer Bottoms
2. Fibonacci
3. Wave Analysis

All three seem bullish

Jun 4, 2018

Trade active

Long since around 2650 average (futures)... will hold 60+ points up till now

Jun 4, 2018

Note

Long since around 2650 average (futures). *Sorry typo...

Long since 2510 average (futures)

Jun 5, 2018

Trade active

Position open... Going well

Jun 6, 2018

Trade active

Long position still open

Jun 6, 2018

Trade closed manually

Closed @ 2637 (futures price). About 127 points gain per lot. Lot size 250.

Jun 7, 2018

Note

Jubilant Foods may now correct up to a maximum of about 50 points from current level of 2655. Then the upswing should take it up to 2700/2750/2800. It may take time but the price action seems to be heading thus.

Jun 8, 2018

Note

Shorted Jubilant futures

Jun 8, 2018

Trade closed manually

Closed

Jun 11, 2018

Note

Jubilant Food is moving up well. I expect it to touch the marked targets.

Jun 13, 2018

Note

2600 Put and 2800 call have highest number of contracts. Today OI (provisional) is building up. It should climb going ahead.

Jun 18, 2018

Trade active

Long trade entered on 11th June and still open

Jun 19, 2018

Trade active

Increased long position in futures market