JUBLFOOD Probable price actionBased on the recent price action for Jubilant FoodWorks Ltd (JUBLFOOD), the stock shows a bullish trend in the short term:
1. The stock closed at ₹670.5 on February 14, 2025, up 1.27% from the previous close.
2. JUBLFOOD has been in an uptrend since late January 2025, rising from ₹638.65 on January 27 to the current price of ₹670.50.
3. The stock has shown strong momentum, breaking above the ₹700 level in early January before a brief pullback.
4. Recent price action indicates a recovery from the pullback, with the stock forming higher lows and higher highs since February 12, 2025.
5. The stock is trading above its 50-day moving average of ₹699.307, suggesting bullish sentiment in the medium term.
6. Volume has been above average in recent sessions, with 4,032,606 shares traded on February 14, compared to the average volume of 2,001,293.
7. The stock is showing strength relative to its 52-week range, currently trading closer to its year high of ₹796.75 than its year low of ₹421.05.
However, traders should note some potential resistance levels:
1. The stock may face resistance near the ₹700 level, which it failed to hold in early February.
2. The year high of ₹796.75 could act as a strong resistance if the uptrend continues.
Overall, the price action suggests a bullish short-term outlook for JUBLFOOD.
Bullishmomentum
SHREECEM Price action analysisBased on the latest available data, the price action analysis for Shree Cement Ltd (SHREECEM) indicates a bullish trend in the short to medium term:
1. The stock is trading above its key moving averages, including the 5, 10, 20, 50, 100, and 200-day moving averages, suggesting strong upward momentum.
2. As of February 14, 2025, the stock was showing bullish signals for short-term, medium-term, and long-term investors.
3. The current price is significantly higher than the 200-day moving average of 26,081.26, indicating a sustained uptrend.
4. Recent price action has formed a cup and handle pattern on the daily chart, which is typically considered a bullish continuation pattern.
5. The stock has been in an uptrend since September 2023, breaking out of a sideways movement that had persisted since August 2022.
However, it's important to note some potential caution signals:
1. As of January 21, 2025, there were indications of a possible short-term downtrend, with the price falling below the important level of 25,422.22.
2. The stock was trading below its short-term Volume Weighted Average Price (VWAP) of 25,264.61, suggesting some selling pressure.
3. Technical indicators like ADX and MACD were showing sell signals in the short term as of January 21, 2025.
Given the conflicting signals between the January and February data, traders should closely monitor the stock for confirmation of the current trend and be aware of potential volatility.
ASALCBR - 3 Months Consolidation Breakout - All Time HighAssociated Alcohols & Breweries Ltd
1) Time Frame - Daily.
2) The Stock has been in a Consolidation since (September, 2024). Now, It has given a Consolidation breakout & Closed at it's Life Time High with good volume & good bullish momentum candle in Daily Time Frame.
3) The stock may find it's next resistance around the price (1200 - 7.80% from the current price 1112.95).
4) Recommendation - Strong Buy.
Wind Machin technically good. Add to your WLWatch #windmachin:
It looks good Technically.
- Resisting the broader market sell-off.
-Moving up backed by volume.
-Trading well above all key DMAs.
-Low Debt company.
❗️Poor ROE, ROCE.
❗️Poor Sales
❗️Weak Market sentiments.
Watch for a trendline breakout or a retest of the previous breakout base. It's a little bit stretched as of now.
Add to your WL and find your opportunity.
HAPPSTMNDS BULLISH HAPPSTMNDS BULLISH
CLASSICAL ELLIOTT WAVE FORMATION
Impulsive move with extension formed as Wave1 ( wave count of 13 considered to avoid confusion of internal count)
Correction with retracement upto 0.618,
Complex correction ( double combination ending with a triangle)
Breakout from the triangle with increasing volume will suggest start of new trend (Wave 3)
It's an analysis and not an investment advice, trade with due diligence.
GODREJAGRO looking good on a monthly timeframe#GODREJAGRO could continue its bullish trend if it closes above 760. This stock is a good example of re-test case study because an earlier resistance is now becoming a support. The entry should be planned if the stock goes above 760. Upside potential: 30-40%. Stop loss: 698. This is not a buy/sell recommendation. Research carefully and invest at your own risk
Bullish Swing Trading Setup in HAVELLS INDIA LTD
Today Havells performed well after breaking it's major resistance of 15 minutes.
My expectation is bullish for few trading sessions but only after a retracement.
If Price retrace then I will have bullish overview for a swing, so it's better find bullish opportunity for upswing. If price sustain above previous resistance which can act as a support.
This is just a overview, I am not recommending to buy or sell. This information is just for educational purposes, remember I am not SEBI REGISTERED
GMBREW - 2.5 Months Consolidation Breakout - All Time HighG M Breweries Ltd
1) Time Frame - Daily.
2) The Stock has been in a Consolidation since (July, 2024). Now It has given a Consolidation breakout & Closed at it's Life Time High with good volume & good bullish momentum candle in Daily Time Frame.
3) The stock may find it's next resistance around the price (1155 - 17% from the price 986.30).
4) Recommendation - Strong Buy.
Devyani International Potential Bullish MomentumFollowing a notable consolidation phase that commenced in January 2024, Devyani International has exhibited promising technical signals, suggesting a potential shift towards a bullish trend. Last week, the stock successfully breached the pivotal resistance level of 185 on the weekly timeframe, which is a critical psychological and technical milestone.
The 20 EMA has crossed above the 50 EMA on the weekly chart, a classic indicator of bullish momentum known as a "Golden Cross." This crossover typically signals a potential uptrend and aligns with the stock's recent move above the 185 pivot point.
Both the daily and weekly RSI readings have indicated bullish momentum, suggesting the stock has been gaining strength relative to its price action over the observed periods. The MACD indicator on both daily and weekly charts is also reflecting bullish dynamics, with the MACD line crossing above the signal line.
The stock has managed to close above the equilibrium level, a point where buying and selling pressures are balanced, on both the daily and weekly charts. A sustained close above this level could signify strong sentiment among investors, further corroborating the potential for upward momentum.
A Change of Character has been observed on the weekly chart, indicating a shift from prior selling exhaustion to potential buying interest. This technical pattern often precedes substantial price movements, and in this case, it may suggest that sellers are losing control, paving the way for bulls to take the lead.
Given the aforementioned technical indicators and patterns, the next resistance level is identified at approximately 236. Should the stock continue its bullish trajectory, this represents a potential upside of around 25% in the short term. Traders should closely monitor volume trends and broader market sentiment to fortify their positions.
Disclaimer: The information provided in this stock analysis is for informational and educational purposes only and should not be construed as financial advice. Always seek the advice of a qualified financial advisor or conduct your own research before making any investment decisions.
VIJAYA - 3 Months Consolidation Breakout - All Time HighVijaya Diagnostic Centre Ltd
1) Time Frame - Daily.
2) The Stock has been in a Consolidation since (May, 2024). Now It has given a Consolidation breakout & Closed at it's Life Time High with good volume & good bullish momentum candle in Daily Time Frame.
3) The stock may find it's next resistance around the price (1030 - 15.80% from the price 889.30).
4) Recommendation - Strong Buy.
NBCC - Should continue to move higherPrice Analysis & Overview:
1. Strong weekly candle closing.
2. Good Volumes.
3. Expecting strong trendline breakout and continuation.
4. I will plan trades accordingly.
- Stay tuned for further insights and updates, and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. I share whatever I do. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
KFINTECH - 3 Months Consolidation Breakout - All Time HighKFin Technologies Ltd
1) Time Frame - Daily.
2) The Stock has been in a Consolidation since (May, 2024). Now It has given a Consolidation breakout & Closed at it's Life Time High with good volume & good bullish momentum candle in Daily Time Frame.
3) The stock may find it's next resistance around the price (990 - 13% from the price 874.70).
4) Recommendation - Strong Buy.
ASALCBR - 1.5 Months Downtrend / Consolidation Breakout - ATHAssociated Alcohols & Breweries Ltd
1) Time Frame - Daily.
2) The Stock has been in a downtrend / consolidation since (June, 2024) after breaking it's previous life time time of (653.65) . Now It has given a downtrend / consolidation breakout & Closed at it's Life Time High with good volume & good bullish momentum candle in Daily Time Frame.
3) The stock may find it's next resistance around the price (920 - 20% from the price 762.25).
4) Recommendation - Strong Buy.
NOVAAGRI - 6 Months Consolidation BreakoutNova Agritech Ltd
1) Time Frame - Daily.
2) The Stock has been Consolidating since (January, 2024). Now It has given a Consolidation breakout & Closed at it's Life Time High with good volume & good bullish momentum candle in Daily Time Frame.
3) The stock may find it's next resistance around the price (100 - 20% from the price 83.91).
4) Recommendation - Strong Buy.
KSCL - 3 Years Consolidation / 9 Years Downtrend BreakoutKaveri Seed Company Ltd
1) Time Frame - Weekly.
2) The Stock has been in a Consolidation since (May, 2021) & in a downtrend since (April, 2015). Now It has given a Consolidation and Downtrend breakout & Closed above it's (May, 2021) High with good bullish momentum candle & with huge volume in weekly Time Frame.
3) The next resistance would be it's Life Time High (1075.50) .
5) Recommendation - Strong Buy