Jubilant Food is making falling channel. Stock around the support of channel There are multiple support which is around 450 Strong support is around 350-410 level. After breakout prices are correcting. But we can make a huge position because it's multi year breakout We can clearly see prices halt there. Now from hereon we can see 650 levels and 800...
Jubilant Food is making falling wedge and now given the breakout. After breakout prices are correcting. But we can make a huge position because it's multi year breakout We can clearly see prices halt there. Now from hereon we can see 650 levels and 800 levels in months to come !! Buy on Dips !!
From the levels of 412 the stock has bounced up creating higher lows. Three white soldiers is a bullish candle formation. A weekly close above 572 can push the price higher. Immediate target of 610 and 650 in the short to medium term. Post which we can see levels of 700. Support levels at 530, 500 and 480. Always trade with a strict stop loss of 5-8%. Note:...
NSE:JUBLFOOD Jubilant Foodworks I think it's in 3rd sub-division. If the structure is in 3rd sub-division wave, it indicates chart is strong with fundamentals. Now recent correction retraced below 0.618 and recovered above golden ratio with perfect abc correction. Normally target for wave 2 is 50% to 61.8% of wave 1 and it's completed. I think stock will go up...
Important points marked in the chart. This is only for Education purpose do own research before investing in stock market.
Breakout with good volume. 200 MA crossed simultaneously.
#JUBLFOOD >> Rounding Bottom Completed today >> Rounding bottom breakout >> not the best of Breakout's so can retrace and attempt to breakout again convincingly >> Good Strength and Volumes After more than 50% Correction Stock has made a good base and now looks good to hold Positionally, keep accumulating at every dips Keep liking & sharing for more learnings,...
We have plotted Jubilant Foods in hourly time frame. On 12-04-23, Stock is opened gap up with tremendous volume. If we combine both gap trading and price volume theory, there is a good possibility that stock moves up in next few days. One can make long position depending upon own risk tolerance level. Note : I am not SEBI Registered Analyst/Advisor. This article...
It does look like this will be the bottom for Jubilant Foodworks, with a doji on monthly time-frame forming at a crucial level. Keep a track for signs of positivity next month. I like the business fundamentally and technically if this turns out to be the bottom, then it might turn out to be an easy outperformer in the coming years.
Stock is in tight channel on 1D timeframe. A breakdown of that channel with give good RR if shorted.
JUBILANT FOODWORKS is consolidating between the levels of 570 to 545 the moment it breaks down the consolidation zone we can see a good fall till 528 as there can be a small hurdle. The further target we are getting is till 500. 500 is good support where it saw the support and reversed back with a double bottom pattern. which also completed the Tripple bottom...
Jubilant Foodworks is struggling to go high from its CMP 556 but the uptrend confirmation is only above 655 then it can hit 800 and 920. At the same time, if it breakdowns the up trendline then it may go to 480, 450 and 420. CMP 556 TP1 650 TP2 800 TP3 920 #JUBLFOOD
📈 Jubilant Foodworks 📉 My Findings :- 1. Breakout from a swing high. 2. Close above March high. 3. Higher High and Higher Low formation. Bias- Long Target- 689 and 788 SL- 530 RR- 1: 3 All Important Supports and Resistances are drawn in chart. All levels are of Spot and on closing basis. Disclaimer : Consult Your Financial Advisor Before Taking Any Decision...
Domino's is down today due to the CEO resigning, I feel this can be a good opportunity to buy this stock at current levels.
jubilant food works after being hammered solid its near its potential buying zone pretty oversold in the channel as you can seen also jubilant has completed the classic ab=cd pattern, expecting at least a 0.382 to 0.5 retracement(marked on far right) 0.5 retracement also happens to be the old swing high where liquidity is expected to be sitting jubilant has...
Long/Short Opportunity - Jubilant food is creating a mystery because on the day & 1-hour timeframe chart it is showing a downtrend & on the 15M timeframe chart, it is showing starting of the uptrend. The CPR is narrow and on the upside, which means there is a bullish move is expected, but the CCI is neutral so we have to wait for the confirmation for the move. If...
#JUBLFOOD Bearish on it. Opens up 2725 on the downside. View Negates above 3465.
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.