MyAlgo : xMRSI-Progresser: Intraday : 22Oct-JUBLFOOD-LongBased on my xMRSI-Progresser predictive trading methodologies, its going to be a GREEN candle on 22-Oct-2018 for JUBLFOOD
Buy Above(5Min candle close): 1271.5 for targets -
T1: 1281
T2: 1286.8
T3: 1292.7
SL: 1261.3
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
JUBLFOOD
Jublfood | Pizza Delivery is DelayedBullish Shark Pattern is in the making. However, one should only take trade after completion of pattern and not predict beforehand. Risky Traders can initiate short position at levels of 2640-2650 with SL above 2680 for Targets 2300/2050/1900. Too big target but as said should not predict the pattern beforehand, only for risky traders. Upside Target is 2900 with SL below last candle low if one wants to go long positional.
Diamond Tops Pattern ready to give breakout.I have observed a nicely formed Diamond pattern which is ripe to give breakout so one put it into their radar and take appropriate action timely. Aggressive trader can short at opening tomorrow as retesting the boarder of the pattern however defensive trader can trade on breakout.
OI Analysis on Jublfood - LONGOI Analysis:
Price - UP
Volume - UP (nearly 2 lks high from previous day)
OI - UP (+11.70%)
Market - ** will decide on 27th dec**
If market is positive, then Jublfood will fly to heaven (otherwise) fall to hell when market is negative.
Trade:
Buy above - 797
Target - 809
Stop Loss - 787
Reward Points = 12
Risk Points = 10