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.
JUBLFOOD trade ideas
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
Jubilant FoodWorks LtdJubilant FoodWorks Ltd
Daily chart
50 SMA support
Morning star candle pattern (D)
Target 1:2
Jubilant foods in channel pattern great setup keep an eye, if the price is able to sustain above the zone then it can give target upto the upper trendline
#JUBLFOOD short term#JUBLFOOD if Trendline Break go for Short term, it can touch 4272 / 4580 Levels Stop loss 3993
jubilant foodsell near 4100
easy target 3920
Disclaimer : This is my personal analysis for study purpose not intended for trading
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.
Jubilant Food Cmp 4001 dated 28.9.2021Jubilant Food Cmp 4001 dated 28.9.2021
1. Rectangle & Trendline Support @ 4005
Sell for a tgt of 3750 SL 4110
It is just a view, pls trade at your own risk.
It's on support zoneIt's on support zone.watch 15 M candle which CANDLE is form and what happen in volume.
TAKE DECISSION after confirmation of your
Setup
