JublFood Bullish H&S Pattern on Daily Chart A Bull Rally after Breakout above 1400 with Expected Levels 1440-1460-1520 Just a View
Can see upmove after pin at confluent level STRICTLY above 1280 with sl 1271 for 1285-1290
Marked swing Points, trend lines and Fibonacci level can be used for trading along with some momentum indicators. Try to lookout for confluence of these parameters, don't trade solely using any one of these parameters. P.S: This is not an investment advice. This is for learning purposes only. This is my personal journal. Invest your capital at your own risk.
Jubilant might see some bounce back to 1400 level before moving towards lower levels. Possible short near 1400 level for a target of 1318, 1248, 1223, 1177, 1037 & below Use stop loss above 1440 For short term Long position target around 1400, with stop loss for 1248 or so. Preferred strategy Short on rise
The Stock has formed a good Rectangle Pattern with alternate touches and good height. This simple pattern has broken the channel could not sustain and trading below the upper Channel. One can short the stock with reasonable SL for the target of 1165 which offers good Risk to Reward Trade. How to handle it please refer my earlier post Disclaimer : All ideas are...
BUY JUBLFOOD (Jubilant FoodWorks Ltd) ABOVE 1366
JUBLFOOD (Jubilant FoodWorks Ltd) #SELL BELOW 1234.3
SELL below 1484 , for target 1477
BUY RAMCOCEM if breaks 643 again , target 648 ,second target 652
Jublfood can be shorted at 1333-36 with SL above 1350 for minimum target as shown on chart. Long only if closes above 1350.
JUBLFOOD (Jubilant FoodWorks Ltd) #BUY ABOVE 1280
JUBLFOOD (Jubilant FoodWorks Ltd) #SELL BELOW 1234
INTRADAY TRADE (TRADE FOR TOMORROW | OCTOBER 24, 2018) JUBLFOOD SELL BELOW 1180
Based 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...
We can expect a bounce at the support. Lets wait for JUBLFOOD to test support and we will buy after a bounce. Keep watching this space for more updates.
JUBLFOOD STANDING ON STRONG SUPPORT @ 50 MA ON 1 DAY CHART. UNTIL AND UNLESS ITS BREAKS 50 MA SUPPORT WITH HIGH VOLUME IT WILL TAKE THE SUPPORT AND AND STUCK IN A RANGE BETWEEN 1440 AND 1456 IN 5 MINUTE CHART. UNABLE TO BREAK 1440 A STRONG SUPPORT
Short Jublfood on Intraday Basis on any rise