Jubliant Food Works - W Breakout PossibilityJubliant FoodWorks :
Double Bottom (W) Breakout Possibility
JUBLFOOD trade ideas
Swing Opportunity in Jubilant FoodGo Long above 3192.1, for a Target of 3312.9 with SL 3071.3
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 0.382 Fibonacci level.
2. A bullish chart pattern, Double Bottom (W pattern) is formed around 0.382 Fibonacci level.
3. In addition to this the stock gave a Trendline breakout.
4. Also a Bullish candlestick pattern (Bullish Engulfing) is formed around 0.382 Fibonacci level.
Jubliant Foodwork near Support Jubliant food is near support area . it can go long till resistant area
don't blindly belive it do your own decision also
#Jublfood cash : Looks good above 3155#Jublfood cash -Positianal call
18.07.2021
Buy above 3155
Stoploss 3140
Target 3174/3198
(Risk free above 3175)
Cmp 3145
JUBILANTFOOD Trading Setup1. Long term Bullish Trend
2. Bullish Pinbar at 0.382 Fibo level
3. Favorable Risk:Reward
'JUBLFOOD' intraday opportunity for 15th July 2021Buy/Sell only on given levels. The above chart is only for educational purpose. Make sure you don't trade blindly, reanalyze and trade
Jub Food Cmp 3155 dated 14.7.2021 Jub Food Cmp 3155 dated 14.7.2021
1. W formation on chart.
Buy for a tgt of 3310 SL 3070
It is just a view, pls trade at your own risk.
JUBLFOOD - Weakness below 3100JUBLFOOD - Weakness seen below 3100. However MACD shows low. Possible near term spike possible.
DOES PEOPLE STARTED EATING HOME-COOKED FOOD?Possibly.Chart is suggesting a change in mind set.However,to avoid indigestion,keep antacid ready >3140 or whatsoever according to one own risk appetite/analysis.This is my analysis,not trading recommendation.
Jubilant Food Cmp 3221 dated 23.6.2021 SellJubilant Food Cmp 3221 dated 23.6.2021 Sell
1. Trendline breakdown below 3200.
Sell for a tgt of 3130-3035 SL 3250
It is just a view, pls trade at your own risk.
jubiliantfood will soon reach ATHTHE CHART IS SHOWING IT CLEARED ALL THE WEEK HANDS AND NOW IT WILL RALLY FROM HERE WITH A STOPLOSS OF 3120 TAKE A TARGET OF 3330
Jubilant Foodworks Fibonacci based TradePositional Trade(2-3 weeks):
Buy: Jubilant Foodworks
CMP: 3118
Target 1: 3200
Target 2: 3230
Stop Loss: 3080
JUBLFOOD, Go short if breaks levelOn good support if breaks level go short for 3025 level.
Can bounce back.
Cycle Wave 3 is still in progressStock has reached 1.618 of intermediary wave 1. May see correction of intermediary wave 4, then Intermediary wave 5 will complete cycle wave III
Elliott wave - Whats wrong in this countI expect wavers to see wave 2 and 4 of different degrees and tell whats wrong with this count . And if someone can publish an alternate count it would be great. Regards
jubilant Foodworks - ShortingJublfood broke its triangle pattern and started to fall. Now it's in a bearish trend, so give an entry with appropriate Stop loss
Since it's a FO stock shorting, You shall prefer for intraday shorting in the intraday equity cash market or going short in the Future and option market
Aggressive traders enter at the breakout and conservative traders may give entry after retracement
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
[Positional] JUBLFOOD SNR BetThis is positional sell and intraday buy setup.
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
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