Jubiliant Foodworks - Stucked in between Supply & Demand ZonesCurrently Stock making HH HL
But has now formed a new and strong supply zone
Downside also has a strong demand zones
Expect stock to remain between 585-605 for quite some time
If not it also has a strong buffer zone demand supply at 575-615
Trade accordingly
JUBLIANTFOODWORKS
JublFood: Bullish Momentum Building for Potential UpsideJubilant FoodWorks is exhibiting bullish characteristics, with technical indicators suggesting further upside potential. Market participants should watch for a breakout above resistance levels, which could lead to a strong move higher. Keeping an eye on volume and price action will be crucial to confirming the strength of this bullish trend.
SELL JUBILANT FOODWORKSshare name : jubiLant food works
call type : sell
- share is forming a bullish butterfly pattern with ab=cd structural
- evening star on a point and tweezer top on c point
- currently share is breaking b point which is the neck of bullish butterfly pattern or you can say double top , in upcoming we can clearly see levels of 155
Thanks
JUBILANT FOODWORKS - Time for a pullback recovery trade?SYMBOL - JUBLFOOD
JUBLFOOD is currently trading at an important support zone of 450-430.
CMP is 440.
I'm seeing a trading opportunity here.
I'm taking long positions in march futures & 460 CE (CMP 5.95-6) both. I will add more position if getting 432-434. My stoploss would be below 425.
I'm expecting a recovery till 470 & 485.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
Re-entering the Rally: Jubilant Food - Channel Support Strategy!📈 Trade Update: Jubilant Food 🍕
Previously, we successfully rode a rally in Jubilant Food, executing a trade based on the channel support and resistance. Refer to the chart attached on my profile for details.
🔄 Trade Logic:
Re-entering as the stock revisits the channel support. Here are the details:
- Buying Price: Around 531
- Stoploss: Below 515
- Targets: 580+ (around channel high), with a potential trail if a breakout occurs.
Trade wisely and stay tuned for updates! 🚀💼 #StockTrading #JubilantFood
JUBLFOOD: Channel Breakout & formed Cup & Handle PatternJubilant Foodwork has given a channel breakout and also formed Cup & Handle Pattern.
#Current Price - 545
#Expected Target - 651
#Resistance Based Targets
- Target 1 - 557
- Target 2 - 586
- Target 3 - 625
- Target 4 - 651
#Support Based Targets (Can be used as Stoploss)
- Target 1 - 505 (For low risk tradders)
- Target 2 - 480.5 (For risk taking tradders)
Pattern is forming on daily chart.
Disclaimer:
This idea is only for education purpose, Please consult your financial advisor.
I am not SEBI registered.
Please give a Like if you like.
JUBLFOODS daily looking bullishJUBLFOODS Daily has breakout of long term trendline with 200 ema support on daily candle, friday candle is very good bullish candle.
Good to buy at 523 for targets of 653,807,916 with sl below 485
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The stocks discussed or recommended here, may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position.
JUBLFOOD About to breakout !Keep JUBLFOOD in radar as it is near its supply zone which is marked in the chart.
For an entry on upside, wait for candle closure above the region marked in red.
targets for upside after breakout are marked in the dashed line. Keep trailing SL.
For option buyers:
Buy 500 CE between 9-10,
SL 6.
Target 16-18.
Disclaimer: This trade is only for educational purpose.
(follow us for more such ideas.)
Jubilant Foodworks - Bullish DivergenceJubilant Foodworks analysis
1. Bullish divergence on the daily chart.
2. The RSI (daily, 14) is clearly forming a bullish divergence as can be seen from the chart above, which indicates bullish.
3. in today’s session (20th March 2023), the relative strength of the stock is good.
4. Volume in today's session was more than average volume.
5. Bullish engulfing candle has formed
All above gives sentiment of price reaching the target as marked in chart in short term.
Note: This is just for educational Purpose.
Jubilant Food is at a strong double support levelWe can be double sure that stock should turn from here.
One can wait for confirmation reversal candle or take little risk as the R&R is in our favor.
No one will stop eating pizza, so this stock is not going to crash from here.
SL is a key.
Take your own decision
JUBLFOOD Next Down Move started ????Chart looks Prudent for yet another down move !!!
This is in continuation of the idea posted about jublfood few days back...Refer to it... I have attached below the link to it.(under related ideas)
Target and SL levels (dashed lines) mentioned in chart.
Be cautious if it breaks above the resistance line(thin red trend line) of the descending channel down side.
Let's wait and watch!!!
Note - just sharing my view....not a tip nor advice!!!
JUBLGFOOD: Short Patten prominentNSE:JUBLFOOD , in hourly chart showing a clear downtrend after breaking one lower lows.
Then after making a nice up move upto point 4 in the chart, it unables to break the double-bottoms (1 and 3) W patten. At that time the volume candle was high. So it actually reinforces the downtrend.
Lets wait for it to break down the price corresponds to point #3 in the chart (535) and then it will lead to further fall. SL the current consolidation zone (why? - if prices pushes up, it will again go on this purple rectangular consolidation zone).
Trade: Sell below 535, SL: 543, T: 530/522/518
[Positional] Jubiliant FoodsJUBLFOODS has prepared a nice Inversed head and shoulder pattern. And also it has broken out of that pattern very convincingly. Also 590-596 was a resistance zone which it had crossed successfully.
LONG position can be taken in this.
Entry:- 605-605
Target:- 790
SL- 509 ( Ideally SL should be a last shoulder of pattern - but right shoulder is not very clear - little tilted and flat - so taking last the swing low - which appeared after the shoulder )