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fcsa
Jun 4, 2018 9:16 AM

Jubilant Foods - Bullish patterns Long

JUBILANT FOODWORKSNSE

Description

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
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