Jubilant Foodworks one of my favorite stocks to trade can be bought at cmp.
Can be accumulated on every dip for the given targets.
Also good for long term.
Sell Jubilant Foodworks if it sustains below 3520 for the lower marked Targets on the chart.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
The stock has corrected recently and is not at a good price. The price action reveals reversal of trend and the stock is now gaining momentum . The targets are shown on chart.
The stock has broken its previous high and looking strong to buy above 4275 for upper marked targets.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Jubilant 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
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
This is follow-up on Jubilant FoodWorks. Can check link to related ideas.
Target 1 achieved. More than 18%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered....
JUBLFOOD 1D Time Frame Analysis
-Price Moving in the rising channel since march 20 lows
- Try to break the channel in Dec and Feb with good volume but failed at breakout
- Break it with successful restest at channel trendlines and good volume
- Rally could lead it to 4000-4200 levels
- Good Support at 3200 levels
- can consolidate before breaking 4000 levels
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
with tgt and sl market
entry price will be after a retest!
A confident breakout is when it retests the previous resistance zone as its (now) support zone.
Jublfood 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...
