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Jubilantfood

Jubilant Food - Price-Action Study - Bullish Structure is intactOn Weekly Chart, Jubilant Food looks Bullish and has not broken its structure since long times. Please read my previous study on the Jubilant Food. Currently on 1 Hours Time, stock started forming HL and HH, but not on DTF.... but on higher time-frame say Weekly, structure is very strong and still intact in uptrend. Also, stock is completing its Pullback structure and again can give us a good up-move.
NSE:JUBLFOODEducation
by ProfitPattern1
JUBILANT FOOD : ALGO BUY SIGNALHOW TO FOLLOW ALGO SIGNAL: Deciding buy/sell 1.Strictly use only on 1 hour time frame. 2.Wait for a ‘X’ sign before mind make up. A red ‘X’ means look for selling opportunity , a green ‘X’ means look for buying opportunity. Taking a position: 3.Wait for an arrow before entering into any position. A red arrow on upside of a bar pointing downward means open short position. A green arrow below the bar pointing upward means open buy position. 4.NOTE: Only after the the signalling of X , look for arrow. Do not buy/sell if you see any arrow before the signal of X. 5.STOP LOSS should be the most recent swing high/low or most recent STRONG CANDLE’S high/low. While maintaining the position : 6.The small triangles after the each bar completion tells you to hold the position. The red triangles appearing upside on the bar tells you to hold the short position, whereas the green triangles appearing below the bars tells you to hold the long position. Exiting the position: 7.After you create a buy position , if you see a green arrow above any bar pointing downward, then you should either book partially/leave the position for sometime. You will get another signal to re-enter. 8.Similarly, after you create a sell position , if you see a red arrow below any bar pointing upward, then you should either book partially/leave the position for sometime. You will get another signal to re-enter. 9.While being in position if you see any X signal which is opposite of your trade , then leave your position immediately. 10.When you see a big red circle dot then you must exit all your short positions. Contrary , when you see a big green circle dot , you must exit all your long positions. And then wait for a X-signal. No Trading Zone: 11.When you get frequent X-signals in green-red-green-red & that too very close, then its means that stock is going to form a range. One should wait for the range break & move away to another stock. (THIS IS WHERE YOU WILL REQUIRE A PRACTICE TO IDENTIFY THE RANGE)
NSE:JUBLFOODLong
by TradingSutra
JUBILANT FOODWORKS LTD in bearish trend.Stock of jubilant food is weak on charts & bearish view can be seen. As marked on chart pole and flag pattern has been seen. RSI is also showing negative divergence which is also showing the weakness . Sell below the level of 1860 for the target price of 1815-1810 with the SL of 1885 . So add the stock in your watch list to see the price action movement in the stock. Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask. Watch the free trading ideas performance sheet for the month of July-2020 drive.google.com
NSE:JUBLFOODShort
by Tech_stock_trader