Jubiliant Food EducationEducation only.
Option 1 - BO
Option 2 - Reverse in Channel/Wedge
No Personal View on Buy or Sell.
JUBLFOOD
JUBLFOODJUBLFOOD Make ascending triangle pattern So if Break then you can plant to trade according to breakout.
JUBLFOOD - ShortJUBLFOOD has gave a breakdown following its descending triangle.
Rest is mentioned on charts.
JUBILANT FOODWORKS Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
JUBLFOODBuy JUBLFOOD at CMP (1770)for the Target of Rs .1900
Stoploss Rs .1650 ....
IF Stock falls from here then buy on dips around 1700 - 1770 (buy)...
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Thank you,
Vishwajeet Sharma
Long termTrendline breakout donejublfood cmp 1754 looks good for intraday can wait for pullback and entry around 1744 if sustains .
manage your entry in shorter TF
JUBILANT FOODWORKS Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Synergistic Pattern: Advance pattern (W+Triangle) + Triangle Levels are mentioned on chart for Swing trading.
Please check the description section for early entry level in given stock to get better Risk to Reward ratio.
Kindly like & share this pattern. Comment with what do you think.
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Early entry: 1700
SL: 1615
Target: 1915
RR: 2.5
Thank you. Happy Trading!!!
Best Regards,
Dr. Shamraja Nadar,
PhD in Technology.
Disclaimer
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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JUBILANT FOOD WORKS Analysis Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Jublfood - Longs should hedge their positionsNSE:JUBLFOOD is facing resistance near the supply zone .
People carrying long positions can start to hedge their positions with Call short / Put Long , here to protect their gains.
JUBILANT FOODWORKS Trading Setup Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
JUBLFOOD ready to move next level !jublfood short term trgt is draw on chart, you can notice uptrend is contineus,
@current leve it take resistance on level wait and watch for entry @bottom of of the value area !
JUBLFOOD Double curve in a parallel channel:A parallel channel is a continuation pattern that slopes up or down and is bound by an upper and lower trend line.
The upper trend line marks resistance and the lower trend line marks support.
Channel Line: The line drawn parallel to the main trend line is called the channel line.
A key concept of technical analysis is that when a resistance or support level is broken, its role is reversed.
If the price falls below a support level, that level will become resistance.
Short term EW analysis on JUBILANT FOODWORKSC leg of the correction seems to have been started.
Wave 2 is in completion zone so if wave 2 is completed then the price pattern should respect the trendline which is drawn on the chart. If wave 2 is not completed the we will have to revise the trendline.
If W2 is completed and trendline is not breached then SL can be nearest swing high and one can ride the trend.
Note: Pattern gets violated only if price breaches the invalidation point.
