NSE:JUBLFOOD is facing resistance near the supply zone . People carrying long positions can start to hedge their positions with Call short / Put Long , here to protect their gains.
It has broken trendline .educational purposes only.
It has entered into a PRZ of a bearish harmonic pattern AB=CD which is also inline with an Ichimoku time and price resistance. A retrace till 1450 from here. View negates above 1625
i can see more upside
There is opportunity to buy Jubilant food.
read the chart....at support
The Control Price basically performing as pivot supports and resistance level on this stock. Therefore, the control price target is 1345 above. You have seen in the chart, how a previous supports or resistance always give twist reaction so, safe first safe target 1339. As a trader, start profiting booking from 1339 to 1347. At value low, and excess plotted...
Trading at support level...will this break up r down?
Wait for break ....only above 1356
Dont hurry to buy..wait for 1290-1300.....
Still there is no hint to short...buy or hold above the blue line.