Jubiliant Foodworks - Stucked in between Supply & Demand ZonesCurrently Stock making HH HL
But has now formed a new and strong supply zone
Downside also has a strong demand zones
Expect stock to remain between 585-605 for quite some time
If not it also has a strong buffer zone demand supply at 575-615
Trade accordingly
JUBILANT
Jubilant Foodworks: Key Support Range & Upside PossibilitiesAs per the daily chart, Jubilant Foodworks is approaching a major support range between 600 - 610, providing a potential entry point for traders. The stock shows upside possibilities with targets of 640, 660, or even 679, which could be achieved within the coming week.
From a technical standpoint, the Long Period RSI stands at 42, while the RSI 56 is hovering above the 50-point level, signaling a possible bullish trend emerging in the stock. Additionally, the RSI 7 is filling the distance from the major RSI, further supporting a possible upward movement. These RSI readings suggest a strengthening momentum and a potential rally in the short term.
Another key factor to watch is Jubilant Foodworks' upcoming quarterly results, which are expected to be declared on October 23rd. Historically, the stock has shown a pre-results rally, and similar movement could be anticipated this time as well.
In summary, Jubilant Foodworks presents an attractive opportunity with a strong support range and potential upside targets. The technical indicators and upcoming events are aligning to suggest a bullish outlook in the near term. Keep a close eye on this stock as we approach the results announcement.
SELL JUBILANT FOODWORKSshare name : jubiLant food works
call type : sell
- share is forming a bullish butterfly pattern with ab=cd structural
- evening star on a point and tweezer top on c point
- currently share is breaking b point which is the neck of bullish butterfly pattern or you can say double top , in upcoming we can clearly see levels of 155
Thanks
Jubilant Food : Potential Multibagger in Making Jubilant Food is making falling channel.
Stock around the support of channel
There are multiple support which is around 450
Strong support is around 350-410 level.
After breakout prices are correcting. But we can make a huge position because it's multi year breakout
We can clearly see prices halt there.
Now from hereon we can see 650 levels and 800 levels in months to come !!
Buy on Dips !!
JUBLFOOD About to breakout !Keep JUBLFOOD in radar as it is near its supply zone which is marked in the chart.
For an entry on upside, wait for candle closure above the region marked in red.
targets for upside after breakout are marked in the dashed line. Keep trailing SL.
For option buyers:
Buy 500 CE between 9-10,
SL 6.
Target 16-18.
Disclaimer: This trade is only for educational purpose.
(follow us for more such ideas.)
Jubilant Foodworks Bottom fishingIt 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.
Ascending triangle breakout in Jubilant IngreviaChart -> Jubilant Ingrevia Daily
A wonderful ascending triangle breakout with volume rise has been formed.
CMP:
Targets: 647, 705
Good range: Around 550
SL: 523, daily close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
Jubilant Foodworks Chart Analysis !!📈 Jubilant Foodworks 📉
My Findings :-
1. Breakout from a swing high.
2. Close above March high.
3. Higher High and Higher Low formation.
Bias- Long
Target- 689 and 788
SL- 530
RR- 1: 3
All Important Supports and Resistances are drawn in chart.
All levels are of Spot and on closing basis.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
Jubilant Food - Long/Short OpportunityLong/Short Opportunity -
Jubilant food is creating a mystery because on the day & 1-hour timeframe chart it is showing a downtrend & on the 15M timeframe chart, it is showing starting of the uptrend. The CPR is narrow and on the upside, which means there is a bullish move is expected, but the CCI is neutral so we have to wait for the confirmation for the move. If the first candle closes above the 0.618 level of fib retracement i.e. 2948.90 then there will be a long opportunity.
Jubilant Ingrevia trendline breakoutCHART -> Jubilant Ingrevia Daily SETUP
As seen per chart, Jubilant Ingrevia was trading under a trendline and in the downtrend. Recently it broke the upper trendline with good volume. The downtrend seems to be over for Jubilant Ingrevia.
Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.
JUBILANT FOODWORKS | PIZZA DOESN'T LOOK TEMPTING ANYMOREJubilant Foodworks trading in a rising wedge and seems there was distribution going on from the last few trading sessions.
Jubilant Foodworks looking good to Sell if it sustains below 4090 for the marked lower targets on the chart until 4180 is intact on the upside.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
JUBILANT INGREVIA - Positional StudyAbout:
Jubilant Ingrevia was Demerged from Jubilant Lifesciences in February 2021. It is in the business of Speciality chemicals, Animal & human nutrition, life science chemicals, ethanol etc.
- Stock is in a continuous uptrend.
- Price today crossed the previous swing high after forming a base at Support Level (which was earlier a resistance)
- Price broke out with good volumes with good accumulation activity at the end of July.
- Spread chart also gave a breakout of the previous swing high.
Financial Results:
- Jubilant's QoQ Sales growth is 67%
- QoQ Profit growth is 211%
Jubilant Ingrevia is looking financially & technically sound. It looks good for positional investment.
JUBILANT FOODWORKS | 3700 - 3720 NEXT STOP?The stock is trading in this channel and it may find resistance at the upper yellow line (3700-3720 zone).
The stock is in a strong uptrend so wait for the price confirmation on a daily time frame before taking the entry, I would try to update the idea.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
Pranshu
InvestPro India Team
jubilant Foodworks - ShortingJublfood broke its triangle pattern and started to fall. Now it's in a bearish trend, so give an entry with appropriate Stop loss
Since it's a FO stock shorting, You shall prefer for intraday shorting in the intraday equity cash market or going short in the Future and option market
Aggressive traders enter at the breakout and conservative traders may give entry after retracement
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Jubilant Food - Potential Bullish Scenario The price rebounded strongly from the support zone with a high volume and rallied to change the market structure. This strong momentum increased the RSI to the 70-ish level. The price may now consolidate a bit to cool off the RSI, before giving the second leg upwards. This seems like a good time to accumulate.
The targets which I am looking at:
Target 1: 3178
Target 2: 3307
Always use an appropriate Risk-Reward ratio as per your strategy.
P.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk.