Jublilant Foodworks Ltd Price Trade Above 50 EMAPrice is trading above 1 month and currently results are also good so price action and volume is high and above average. Jubilant Food had earlier done a trendline breakout, now it has reset and hit a reversal from there. JUBLFOOD our entry level is 630 Stop loss 600 and target 700 second target 800.
Price trades above 50 EMA and RSI above 60. Stochastic and MACD Positive Crossover.
JUBLFOOD
Jubiliant Foodworks - Stucked in between Supply & Demand ZonesCurrently Stock making HH HL
But has now formed a new and strong supply zone
Downside also has a strong demand zones
Expect stock to remain between 585-605 for quite some time
If not it also has a strong buffer zone demand supply at 575-615
Trade accordingly
Jubilant Foodworks: Key Support Range & Upside PossibilitiesAs per the daily chart, Jubilant Foodworks is approaching a major support range between 600 - 610, providing a potential entry point for traders. The stock shows upside possibilities with targets of 640, 660, or even 679, which could be achieved within the coming week.
From a technical standpoint, the Long Period RSI stands at 42, while the RSI 56 is hovering above the 50-point level, signaling a possible bullish trend emerging in the stock. Additionally, the RSI 7 is filling the distance from the major RSI, further supporting a possible upward movement. These RSI readings suggest a strengthening momentum and a potential rally in the short term.
Another key factor to watch is Jubilant Foodworks' upcoming quarterly results, which are expected to be declared on October 23rd. Historically, the stock has shown a pre-results rally, and similar movement could be anticipated this time as well.
In summary, Jubilant Foodworks presents an attractive opportunity with a strong support range and potential upside targets. The technical indicators and upcoming events are aligning to suggest a bullish outlook in the near term. Keep a close eye on this stock as we approach the results announcement.
07 Insightful approaches to learning cup & handle pattern ⭕ Price Action chart pattern similarity !!!⭕
Ranges candles shows the phase of accumulation or distribution It helps trader to track bearishness and bullishness of the chart, in this phase accumulation can be seen because of bull Bo.
There is so many ways to approach chart patterns, everyone has different approaches and different insights.
Some Examples of Cup & Handle pattern we have seen:-
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POST Your Findings in comment section any other stocks with some pattern you observed we can discuss as a community there !!! Happy To Learn here in TRADINGVIEW with charts
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JublFood: Bullish Momentum Building for Potential UpsideJubilant FoodWorks is exhibiting bullish characteristics, with technical indicators suggesting further upside potential. Market participants should watch for a breakout above resistance levels, which could lead to a strong move higher. Keeping an eye on volume and price action will be crucial to confirming the strength of this bullish trend.
JUBLFOOD Trading Near Crucial Level Hey Family, there is a one more stock Which is showing a great opportunity.
Key Points:-
* Formation of Symmetrical Triangle Pattern in Daily & Range Bound in Weekly TF.
* From May 2022 to Aug 2024 its in range.
* From May 2022 to Aug 2024 Tested & Moving Resistance Many times.
* It's Near resistance Zone and trying to Break Resistance Zone with good volume.
* Volume Accumulation (Highest Volume Ever).
What is your view please comment it down and also boost the idea this help to motivate us. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
JUBLFOOD formation of Double BottomDouble bottom chart pattern formed in JUBLFOOD and pattern will active only after break and close above 470.
It is also important to note that JUBLFOOD is bounced back from prior support level with formation of bullish candlestick called Hammer.
Price is also pierced the downtrend line and currently price is consolidating near neckline.
We have also found inside bar pattern near the neckline, if upside breakout is sustained then we can get sharp up move or else pattern will be invalid.
SELL JUBILANT FOODWORKSshare name : jubiLant food works
call type : sell
- share is forming a bullish butterfly pattern with ab=cd structural
- evening star on a point and tweezer top on c point
- currently share is breaking b point which is the neck of bullish butterfly pattern or you can say double top , in upcoming we can clearly see levels of 155
Thanks
Double Moving Averages Crossover Swing Trade📊 Script: OBEROIRLTY
📊 Sector: Realty
📊 Industry: Construction
⏱️ C.M.P 📑💰- 1497
🟢 Target 🎯🏆 - 1586
⚠️ Stoploss ☠️🚫 - 1453
📊 Script: JUBLFOOD
📊 Sector: Quick Service Restaurant
📊 Industry: Hotels
⏱️ C.M.P 📑💰- 472
🟢 Target 🎯🏆 - 507
⚠️ Stoploss ☠️🚫 - 458
📊 Script: FIVESTAR
📊 Sector: Finance
📊 Industry: Finance & Investments
⏱️ C.M.P 📑💰- 781
🟢 Target 🎯🏆 - 838
⚠️ Stoploss ☠️🚫 - 760
📊 Script: KPITTECH
📊 Sector: IT - Software
📊 Industry: Computers - Software - Medium / Small
⏱️ C.M.P 📑💰- 1517
🟢 Target 🎯🏆 - 1625
⚠️ Stoploss ☠️🚫 - 1468
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
Double Moving Averages Crossover Swing Trade📊 Script: OBEROIRLTY
📊 Sector: Realty
📊 Industry: Construction
⏱️ C.M.P 📑💰- 1497
🟢 Target 🎯🏆 - 1586
⚠️ Stoploss ☠️🚫 - 1453
📊 Script: JUBLFOOD
📊 Sector: Quick Service Restaurant
📊 Industry: Hotels
⏱️ C.M.P 📑💰- 472
🟢 Target 🎯🏆 - 507
⚠️ Stoploss ☠️🚫 - 458
📊 Script: FIVESTAR
📊 Sector: Finance
📊 Industry: Finance & Investments
⏱️ C.M.P 📑💰- 781
🟢 Target 🎯🏆 - 838
⚠️ Stoploss ☠️🚫 - 760
📊 Script: KPITTECH
📊 Sector: IT - Software
📊 Industry: Computers - Software - Medium / Small
⏱️ C.M.P 📑💰- 1517
🟢 Target 🎯🏆 - 1625
⚠️ Stoploss ☠️🚫 - 1468
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
Re-entering the Rally: Jubilant Food - Channel Support Strategy!📈 Trade Update: Jubilant Food 🍕
Previously, we successfully rode a rally in Jubilant Food, executing a trade based on the channel support and resistance. Refer to the chart attached on my profile for details.
🔄 Trade Logic:
Re-entering as the stock revisits the channel support. Here are the details:
- Buying Price: Around 531
- Stoploss: Below 515
- Targets: 580+ (around channel high), with a potential trail if a breakout occurs.
Trade wisely and stay tuned for updates! 🚀💼 #StockTrading #JubilantFood
JUBLFOOD: Channel Breakout & formed Cup & Handle PatternJubilant Foodwork has given a channel breakout and also formed Cup & Handle Pattern.
#Current Price - 545
#Expected Target - 651
#Resistance Based Targets
- Target 1 - 557
- Target 2 - 586
- Target 3 - 625
- Target 4 - 651
#Support Based Targets (Can be used as Stoploss)
- Target 1 - 505 (For low risk tradders)
- Target 2 - 480.5 (For risk taking tradders)
Pattern is forming on daily chart.
Disclaimer:
This idea is only for education purpose, Please consult your financial advisor.
I am not SEBI registered.
Please give a Like if you like.
Jubilant Foodworks Ltd. | Technical Analysis and Entry StrategyJubilant Foodworks Ltd. , a prominent player in the food service industry, has recently exhibited a positive upward parallel channel pattern in its stock price movement. This pattern suggests a potential bullish trend, with the stock consistently finding support at the lower boundary of the channel.
Fundamental Overview:
Jubilant Foodworks Limited is a leading player in the Indian food services industry, primarily known for its flagship brand Domino's Pizza. The company has demonstrated consistent growth and market dominance, driven by its strong brand presence, strategic expansion, and a focus on delivering quality products.
Key Technical Levels:
Entry Condition: We are looking for the price to close above the crucial level of 513.
Trade Trigger: Upon the successful close above 513, a long entry can be considered.
Entry Action: Look to buy above today's high following a close above 513.
Stop-Loss Placement: Refer to the stop-loss level mentioned on the chart to manage downside risk effectively.
JUBLFOOD CUP AND HANDLE BREAKOUTcmp 508
buy for 525
if closed above 525 closing basis positional breakout will be triggered...
for 540--555--570--582
stoploss-- 480 closing basis..
cash traders support zone 480---470
cash target 555--600
Disclaimer:
I am not a SEBI Registered analyst...!!
Charts are made only for study purpose and paper trading... !!
JUBLFOOD - Bullish Consolidation with VolumesNSE: JUBLFOOD is closing with a bullish consolidation candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 11% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade