Jubilant Foods - Bullish patterns

1. Tweezer Bottoms
2. Fibonacci
3. Wave Analysis

All three seem bullish

Trade active:

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

Comment:

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

Long since 2510 average (futures)

Trade active:

Position open... Going well

Trade active:

Long position still open

Trade closed manually:

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

Comment:

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.

Comment:

Shorted Jubilant futures

Trade closed manually:

Closed

Comment:

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

Comment:

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

Trade active:

Long trade entered on 11th June and still open

Trade active:

Increased long position in futures market