breakout and retestprice has taken out swing high and retesting the levels, good price band to accumulate for very long term
JUBLFOOD trade ideas
JUBLFOOD BREAKOUT BUY POSITIONAs per Chart pattern Jubl food has given rectangle breakout and sustain above it.
It could be good swing Trade for short term trading.
Target --650-70-750
Stop loss 40 point
#Jublfood Harmonic#Jublfood Harmonic
Target- 682/837
SL-530
CMP:594 @ 21 April 2022
shared only for educational purposes
JUBLFOOD going LongJubliant foodworks has started upward rally can go min 15% till 681.95 or can go beyond it, till 780 2nd Tr. here minor wave 5 has started in which minute wave 3 is going on.
Note - before taking trade please do your own Research above shared views are for educational purpose.
Jubliant Food works : Breakout and GAP Filling viewJubliant Foodworks :
Looks good for a breakout
GAP filling Pending
Support at 2670
JUb Food Cmp 2725 dated 1-4-2022JUb Food Cmp 2725 dated 1-4-2022
1. Buy above 2740 for a tgt of 2800-2870-2980-
3080 SL 2600
It is just a view, pls trade at your own risk.
JUBLFOOD at support on WEEK TFJUBLFOOD is currently at confluence area. Fib level support +200 ema support.
A good bullish candle at support and a long entry can be initiated.
Bullish Divergence pattern !!! The stock gave bullish divergence.
Wait stock to cut trend line & Price close above 50 EMA.
This is only for educational purpose.
Jubilant FoodWorksstock is trading at discounted price very good opportunity to buy now the stock has started to recover
Large volume with rsi divergence Its very clear from chart itself, that we can see a large volume and rising rsi (RSI DIVERGENCE )....
So very high chance of performing on long side...... And good for long term.....!
Jubliant support shiftsjubilant FoodWorks corrected much after CEO resignation take your position cautiously
in chart sellers are in more dabangg action than a buyer will stay 2500 level 1-2 day but need good news to fire all cylinders. so half-half buying formula is better for future safer return
JUBLFOOD THE SELLING MAY RESUME AGAIN1 Inverted flag pattern
2 strong down trend
3 bearish sentiments
#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
Jubilant FoodworksDomino's is down today due to the CEO resigning, I feel this can be a good opportunity to buy this stock at current levels.
Jubilant FoodWorks - Bullish Piercing Candlestick Pattern formedCheckout how Bullish Piercing Candlestick pattern works -
One example of Trade with such pattern -
The analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
Jubilant Food longterm chartLooking for entry from long term perspective. This month low comes around 60% retracement value.
jubilant food-potential swing setup against its current trendjubilant food works after being hammered solid its near its potential buying zone
pretty oversold in the channel as you can seen
also jubilant has completed the classic ab=cd pattern, expecting at least a 0.382 to 0.5 retracement(marked on far right)
0.5 retracement also happens to be the old swing high where liquidity is expected to be sitting
jubilant has corrected almost 45% and this might be a good time to start buying this stock if you believe in his story
JUBLFOODJUBLFOOD is under tremendous pressure past many days. and there was no support zone as well. hope this may help it
JUBILANT FOOD WORKS - Will the DOMINO works?The stock has given massive returns since covid-19 pandemic till December 2021, important reversal signal is indicated on charts , however there is a strong supports around 2700. if it sustains the support level , stock can take a pull back level, but it doesn't sustains can go down till 2100. watch out the levels. its a long-term view , looking at the current FII Selling in the market. this is the stock where FII holds significant portion and is an investment graded stock. so, invest wisely looking at the sentiment.
DISCLIAMER - I AM NOT AN FINANCIAL ADVISOR, ITS JUST A VIEW AND NOT AN ADVISE.
