expecting a good entry at the current price and we can see a strong bounce from here, we can keep this as a prositional aslo
JUBLFOOD 1D Time Frame Analysis -Price Moving in the rising channel since march 20 lows - Try to break the channel in Dec and Feb with good volume but failed at breakout - Break it with successful restest at channel trendlines and good volume - Rally could lead it to 4000-4200 levels - Good Support at 3200 levels - can consolidate before breaking 4000 levels
I have shared profit zone in JUBLFOOD earlier. But bulls took over and dragged higher. Now Trading @ Channel Resistance.
After a fantastic rally, jubilant foodwork can see some profit booking and can retest to its previous high levels
JUBLFOOD Going to test the strongest supply zone . Book your Longs in the PRZ area mentioned in the chart. Important Resistance 3650-3660.
BUY JUBLFOOD 3140-3160 TARGET 3460/3440 STOPLOSS 2990 EDUCATION PURPOSE ONLY
Jubilant food is on good long term support line. Keep an eye. Add if it sustains this support.
Buy/Sell only on given levels. The above chart is only for educational purpose. Make sure you don't trade blindly, reanalyze and trade
JUBLFOOD - Weakness seen below 3100. However MACD shows low. Possible near term spike possible.
with tgt and sl market entry price will be after a retest! A confident breakout is when it retests the previous resistance zone as its (now) support zone.
#MAXHEALTH NSE: MAXHEALTH CMP 244.90 Target : 271 SL 228 RR Ratio > 1.5 Time Frame < 45D Factors: Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge...
Jublfood broke its triangle pattern and started to fall. Now it's in a bearish trend, so give an entry with appropriate Stop loss Since it's a FO stock shorting, You shall prefer for intraday shorting in the intraday equity cash market or going short in the Future and option market Aggressive traders enter at the breakout and conservative traders may give entry...
JUBLFOOD - EVENING STAR CS PATTERN AND DOUBLE TOP WITH NEGATIVE DIVERGENCE.
Notes: Been in a channel since 4th Feb. Currently hugging the resistance zone around 3212 (Only cause for concern is the set of small body candles with a bearish bias). Please note - Not a SEBI Registered Advisor/Analyst. Only for Educational Purposes. Please Consult your financial advisor before you take any action.
Jubilant Foodworks seems very strong as it bounced from the trendline and 100 EMA. No major selling is seen in recent times. Can reach targets of 3000 and 3200 on the upside. Looks very strong. Can consider accumulating for long term investment in every dips. Please like the post if you find it useful and share your thoughts if you have any. Thank You. Happy Trading!
Jublfood is on the verge of breakout, buy above 3230 for target of 3500. Stop loss below 3000 DCB