JUBLFOOD : Breakout Stock (1-3 Months)#JUBLFOOD #swingtrade #breakout #patterntrading #chartpattern #Trendsetup
JUBLFOOD : (1-3 Months)
>> Cup & Handle Breakout on Daily
>> Stock in Uptrend on Monthly chart
>> Trending setup & Strong on Higher Time Frame
>> High PE Stock but expecting couple of Good Quarters ahead so with Good Income PE may reuduce considerably
>> Expecting atleast 20-25% upmove
Swing Traders can lock Profit at 10% & Keep trailing
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Note : I have taken Position in it Today for initial 1-3 months tym Frame Expecting 20-25% Returns
Disc : Charts shared for Learning purpose and not a Trade recommendation. Consult your Financial advisor and do your own analysis before taking position in it.
Uptrendstock
PNB, Intraday View for 29-MayTrend - Positive
Strength - Medium
Probability > 50%
Today we have a red candle with High High and High Low.
The price could test the level of 137.
CMP : 128.20
Resistance : 137
Support-1 : 123.50
Support-2 : 119
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.