JUBLIANTFOODWORKS
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalJUBILANT FOOD WORKS
Jubilant FoodWorks has corrected 45% from its top & also market overreacted for its CEO's resignation. Also stock valuation corrected by this.
Stock supported at fib level on the weekly chart can be seen an upside move from these levels.
Can be good to add at 2500 levels or will be safe to add if it corrected to 2300 levels
So buy and hold positionally
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
🍕 #jubilantfood Swing Opportunity 🎯NSE:JUBLFOOD
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns.
📌 That Dash Line Is Called PRZ, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone).
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
Bull run Pending in Jubliant FoodHi,
Chart is for your information and the Target level in plotted in Chat also but remember one things This stock will outperform after corona over and expecting strong profit in Q3 21-22.Hold upto October end. May be 5000 can touch but my safe exit point is 4800 and good time to Invest.
This idea only for education purpose.
Cheers,
Happy learning.
Target 1 (18%) achieved in Jubilant FoodWorks. Target 2 is ON...This is follow-up on Jubilant FoodWorks. Can check link to related ideas.
Target 1 achieved. More than 18%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
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
Jubliant Food : Double BottomThe stock has a history of making doublt/tripple bottom and move about 600 points.
It has been repeated twice. Let's see if this repeats this time as well.
Currently stock is forming a base and created a double bottom pattern breakout of which is still awaited.
DISC: For educational purposes only.
LONG BURGER KINGwith 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.