on daily chart, jubilant foods broke inverted head n shoulder pattern with positive move upward
A bullish Wolfe Wave Formed. If markets would be kind enough then it may touch 2868.60 level first. And later testing its highs. CHART BY ADARSH DEY
The stock is following the trend line and if it sustains below the Friday low, 2733 then we may see levels marked with the black lines until 2840 doesn't break on the upside. But If it holds the level, we can take the buy trade with 2655 as SL for upper targets. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
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 Target 3000 Disclaimer : This idea is for only educational purpose, pls consult your financial advisor for any trading . investment
Jubilant Food has shown a harmonic pattern ... an immediate reversal expected ... levels are given in the chart ...
NSE:JUBLFOOD
HOW 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...
NSE:JUBLFOOD firts short till PRZ level and If One cud find reversal at Prz then long der
Jubilant food: If price breaks the daily long structure then enter on the pullback
their is a breakout in jubilant food works i have been tracking this stock for few days now and waiting for this breakout to take palace. . Best stop loss would be below the immediate swing that is at 2240 levels. . Trade with calculated risk, next best entry after retracement at 2319.
A 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.
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...
If You are price action trader you don't need any indicator, As you listen to your heart and mind... Try to communicate with price!
Resistance 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