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22% Target in Jubilant Foodworks | Swing Trade Beautiful 12%-22% target in Jubilant Foodworks Target 1 = 12% Target 2 = 22% Reasons to enter - 1. Beautiful price consolidation inside channel 2. Survived bear trap 3. Breakout of the horizontal demand level 4. Wait for powerful breakout of the resistive trendline that would be our entry at closing of daily candle 5. RSI above the MA Please hit the like button this really motivates me to make more such analysis. Hit Follow to get regular notifications of my analysis. The Rich Trader Rohit Sharma MTech IIT Guwahati
NSE:JUBLFOODLong
by The_Rich_Trader_TRT
5
LICHSGFIN IS BACK INTO THE GAME , HUGE BRAKEOUT since NOVMEMBER 2019 , The stock was trying so hard to break the 480 levels but couldn't do, till last week , it took almost 2years to break 480 levels , there's a theory in stock market that "the more amount of time a stock consolidates within a range or below a resistance level the more faster it will become a ROCKET when it breaks its Resistance'' The LICHSGFIN has just broke its strong Resistence of 480 and its ready to take off and soon it will become rocket ,technicals are very strong ,..it broke its long time down trendline Retested it then Took off with a HUGE VOLUME ,.. The Minimum target we can expect from here is 580 ,600, 620, with a stoploss of 510
NSE:LICHSGFINLong
by abhishekkumarsimon