JUBLFOOD trade ideas
JUBLFOODJUBLFOOD : long term buy trend we can see in week chart
: follow the chart daily , especially note it in your watchlist
: entry & exit is very important
: try to manage money management
: know your stop loss
: find the chart pattern / analysis the chart before you enter
On Support line of parallel trend channelExpecting Bounce Back to 4100-4200 levels, weak below 3600
Disclaimer: View for Education Purpose, not to be taken as trading advice.
JUBLFOOD my views DO YOUR OWN RESEARCH
I am seeing a bearing move right but 3600 is a good support zone if table turn a good move we can witness
Jubilant Food Cmp 3800 dated 3.12.2021Jubilant Food Cmp 3800 dated 3.12.2021
1. Trendline BO @ 3825
bUY for a tgt of 4065 SL 3700
It is just a view, pls trade at your own risk.
#JUBLFOODMove towards 3864 / 3872
Crossed IZ
Stock reached Quadrant 1 RRG
3742 must not be crossed on the downside
Swing Opportunity in Jubilant FoodGo Long above 3853.2 for Targets of 4071.4, 4507.8, and 177.3 with SL 3635
Reasons to go Long :
1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.618 Fibonacci level.
2. A bullish chart pattern, Double Bottom (W pattern) is formed around 0.618 Fibonacci level.
3. Also there is a strong support zone (marked with purple color), from which the stock initially faced resistance but now is taking support and moving up.
Jubilant food .....Uptrend !!The stock has corrected recently and is not at a good price. The price action reveals reversal of trend and the stock is now gaining momentum . The targets are shown on chart.
ANALYSIS
Consumer Discretionary
Restaurants & Cafes
Midcap
With a market cap of ₹51,117 cr, stock is ranked 101
Moderate Risk
Stock is 2.36x as volatile as Nifty
A strong sector leader to awake from its sleep#JubilantFood All the buzz around the fact that devyani turned marginally profitable and the new issue of sapphire food, the leader of this segment seems to lag. Fresh movement quite possible here. strong support around 3600. Not a reco but just an observation so trade accordingly.
JUBLFOOD took good support at the trend line and 200 WMAJUBLFOOD took good support at the trend line which is started from post COVID and supported 200 WMA, good time to take long position
JUBILANT FOODWORKS at multiple support.On a weekly chart, Jubilant Foodworks price respect's 20 EMA really well and currently it is at 20 EMA. Also, price is sitting at the 0.618 Fib levels.
On a daily chart, price is respecting 100 EMA and currently consolidating at a support zone, as well as 100 EMA.
jublfood -bullish -alt shak- daily
see chart and study
can it touch 3975-4090-4208
pattern negation belo 3590
Educational purpose only.
This is not a recommendation -
Inspired by - Trading Mirror telugu
BUY JUBILANT FOODWORKS @ 4275The stock has broken its previous high and looking strong to buy above 4275 for upper marked targets.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
jubilant foodworks breakout trade analysed on 13 oct 2021jubilant foodworks breakout trade analysed on 13 oct 2021
good volume breakout
go long today itself as it is sustaining above that breakout level
