JUBLINATFOOD 300 ?As per view in jubliantfood is forming falling wedge we can see a fall from 550 with stop loss of last swing 590 we can see targets of 300 in this script.
Jubliantfoods
Jubilant Food Works Near Weekly Trend SupportJubilant Food Works Near Weekly Trend Support as well as 200 Daily EMA. Its good for Long. Negate if its closed below 200 Daily EMA
JUBLFOOD 1D Time Frame AnalysisJUBLFOOD 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
Jubilant supportJubilant food is on good long term support line.
Keep an eye.
Add if it sustains this support.
JUBLFOOD - Pullback post first BreakoutNote: This is for educational purpose only.
There seems to be first pullback post bullish breakout. This is a test of previous resistance which now turns to support.
Jubilant Foods - Bullish Breakout with volumeNote: This is for educational purpose only.
There seems to be a bullish breakout with volume. RSI above 65 indicates bullish momentum as well.
Jubilant Food Possible Short Term LongPrice went all time high & came down a bit, if you are planning to buy tomorrow when the market opens at this price, you need to ask yourself this question:- 'Who is buying this stock at this high price?'
There are two zones to buy, look for price action there. The price could even break the high & form a new structure.
JUBLFOOD - ShortJUBLFOOD has gave a breakdown following its descending triangle.
Rest is mentioned on charts.
Jubliant Foods - Trade Bullish Channel. Jubilant Foods, Trade the bullish channel. It is near the top range, breakout is possible too.
Buy 1870 - 75, Target 1921. Sloss 1818.
