Jubilant food has been underperforming since few years. Stock has formed strong positive RSI divergence at confluence of supports. Above 500, reversal will start and above 600 , reversal will be confirmed. Valuation wise, not a good stock but RSI divergence stock are known to give quick, big moves. All positional traders shouldn't miss this stock
Jubilant Foodworks Ltd. , a prominent player in the food service industry, has recently exhibited a positive upward parallel channel pattern in its stock price movement. This pattern suggests a potential bullish trend, with the stock consistently finding support at the lower boundary of the channel. Fundamental Overview: Jubilant Foodworks Limited is a leading...
It does look like this will be the bottom for Jubilant Foodworks, with a doji on monthly time-frame forming at a crucial level. Keep a track for signs of positivity next month. I like the business fundamentally and technically if this turns out to be the bottom, then it might turn out to be an easy outperformer in the coming years.
We can start accumulating the share from current level. If you eat dominos you know it is going no where and it will stay. The share has potential to provide multifold returns.
NSE:CNXFMCG had formed a triangle and has given breakout now. The Restest of an important level has been done so we can expect the index to go up. Keep eyes on NSE:ITC , NSE:NESTLEIND , and NSE:JUBLFOOD .
dominos pizza is their company in india and exactly a day after 14th feb it has given breakout with volume spurt.
Jubilant foods gave major breakout on inverted head and shoulder pattern with strong green candle on daily chart...
on daily chart, jubilant foods broke inverted head n shoulder pattern with positive move upward
bulls getting ready to come in this stock [/l NSE:JUBLFOOD
Jubilant Foodworks (jublfood) sustaining above 1610 level, we may see breakout till 1645.
Bullish Shark Pattern is in the making. However, one should only take trade after completion of pattern and not predict beforehand. Risky Traders can initiate short position at levels of 2640-2650 with SL above 2680 for Targets 2300/2050/1900. Too big target but as said should not predict the pattern beforehand, only for risky traders. Upside Target is 2900 with...