JUBILANT
Jubilant Foodworks| BUYA breakout of ₹1,920 has led to the confirmation of bull-flag pattern. Since the stock is making lifetime highs, the upward momentum looks good and the scrip can gain sharply from the current levels.
Education Jubilant Life Education Jubilant Life.
Two trend line breakout done. (Blue, Pink)
Waiting for Triangle breakout - Yellow line.
This is only for education only.
Do your analysis before any process.
Jubilant Life - Consolidating since last few sessionsDisclaimer: For Analysis purpose, trade after doing your own analysis.
Traingle, BearishResistance at 1735
1) 4H candle rejecting 1735
2) 1D candle rejecting 1735
3) Can move towards 1650 and even 1550 if it breaks the below trend line
JUBILANT FOODWORKS Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
JUBLFOOD Double curve in a parallel channel:A parallel channel is a continuation pattern that slopes up or down and is bound by an upper and lower trend line.
The upper trend line marks resistance and the lower trend line marks support.
Channel Line: The line drawn parallel to the main trend line is called the channel line.
A key concept of technical analysis is that when a resistance or support level is broken, its role is reversed.
If the price falls below a support level, that level will become resistance.
JUBILANT FOODWORKS Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Jubilant Food | Short Swing Trade Setup1. Daily Timeframe is showing bearish divergence.
2. Price Action made HH.
3. Indicators showing HL.
Expecting a move down on the basis of Price Action.
Short below 1550 Jubilant foodSupport of 1555 seems to be getting weaker over time short for 1450 target with 1585 as SL. Time Horizon 6-7 days from activated trade. view negates if any close over 1590
Jubilant Foodworks ViewJublfood may face resistance near 1580 levels... if broken & sustained above more upside possible
Jubillant Foodworks ChannelStock should have bounced after touching lower channel line but fibonacci retracement level of 61.8% is acting like strong resistance. For me stock becomes potential buy if it breaks 61.8% level, lets hope so.
Jai Hind.
JUBILANT CORRECTION IDEAAt a strong support region now. It can reverse back upto levels shown. Nifty could be under selling pressure, a green candle tomorrow can confirm buy above tomorrow's high.
OI Analysis on Jublfood - LONGOI Analysis:
Price - UP
Volume - UP (nearly 2 lks high from previous day)
OI - UP (+11.70%)
Market - ** will decide on 27th dec**
If market is positive, then Jublfood will fly to heaven (otherwise) fall to hell when market is negative.
Trade:
Buy above - 797
Target - 809
Stop Loss - 787
Reward Points = 12
Risk Points = 10
Jubilant Foodworks: Big Monthly Support Breakout It is been observed on the monthly chart that the price action breaks below previous important and major support levels of 970-940 indicating a big bearish move ahead. It shall now move further down to next support levels at around 750 levels in next few months.
Target 1: 852
Target 2: 800
Target 3: 785
Target 4: 755
SL: 1015
Jubilant Foodworks buying opportunity on the wayJubilant Foodworks trading in bearish trend for long time and has been unable to break the trend, it is forming a descending triangle pattern, It closed last week on strong support 893.00 and seem to go upward from there with a target of around 1100.00 in near term. traders may go long on this stock, but be cautious of breakout downward, it breakout occurs exit with small stop loss
