It seems jubl food is ready for next up leg
As a good move with good vol was senn in previous day session
Buy above 2810 Sl 2680
Disclaimer : This idea is for only educational purpose, pls consult your financial advisor for any trading . investment
Go Long in Jubilant For Target 730, 760+. Expected Further stronger move if the rally continues towards the final wave starting point breakout.
1) Director Bought at Value 762 on 19th September 2020
2) Director Bought at Value 792 on 19th September 2020
Total Buying Value of Securities: 15,73,850
Disclaimer: This is my personal view on this...
JUBILANT looks to be trading in a rising channel. It looks to have bounced from the support line of the channel. It can go towards the resistance line of the channel. So the stock can be bought for target of 1000.
Check details in chart
--Wherever I used the word sustain means not only buy or sell the levels on single spike, and enter immediately.
--Sustain means price should need to spend on time in our buy or sell level, then only enter.
--My preferable sustain price on time atleast 1hr close basis, sometimes i prefer 30mins,4hrs,day basis here everything...