take a short tern long trade in jubljublfood is making pannent pattern in hrs time frame. price will sharp upmove in few days. exit when it break 15min 200ema. otherwise enjoy the relly.
JUBLFOOD trade ideas
Buy Setup with Good Risk/Reward A Buy Setup is generated in JUBLFOOD after a long time with good risk/reward. This is a good buy for next 3-6 months horizon for a good reward.
Gann roadmap for JUBLFOOD for next 3-6 months is:
3691 3721 3752 3783 3845 3907 3938 3969
All Disclaimers Apply.
Jubilant Foodworks (1W)A pure portfolio stock which can be seen as buy on dips for long term too!
So, recently price has given a good breakout from it's 10month range. But, RSI can be seen facing a resistance so price can also see a re-test of it's recent breakout level for a fresh up-move ahead!
Pivot Reversal Levels:
- Buy above 3993.30
- Sell below 3557
Negative Divergence on 1Hr Timeframe. Educational Purpose only.Spinning Top on 1Day Timeframe.. Negative Divergence on 1Hr Timeframe.
Suggests a Bearish movement and might get into correction from such levels..
Trendline Breakdown Possible. Keep on Watchlist..
VOLATILE STOCKS TRADINGIts a Strategy for Trade in Volatile Stocks with BB,BAR UPON,and Fibbnacci with Nice Gain
JUBLFOOD CAN FALL!After a fantastic rally, jubilant foodwork can see some profit booking and can retest to its previous high levels
JUBILANT FOODWORKS | 3700 - 3720 NEXT STOP?The stock is trading in this channel and it may find resistance at the upper yellow line (3700-3720 zone).
The stock is in a strong uptrend so wait for the price confirmation on a daily time frame before taking the entry, I would try to update the idea.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
Pranshu
InvestPro India Team
JUBLFOOD - Trend BendsJUBLFOOD Going to test the strongest supply zone . Book your Longs in the PRZ area mentioned in the chart. Important Resistance 3650-3660.
Jubliant Food : Double BottomThe stock has a history of making doublt/tripple bottom and move about 600 points.
It has been repeated twice. Let's see if this repeats this time as well.
Currently stock is forming a base and created a double bottom pattern breakout of which is still awaited.
DISC: For educational purposes only.
Jubilant supportJubilant food is on good long term support line.
Keep an eye.
Add if it sustains this support.
Jubliant Food Works - W Breakout PossibilityJubliant FoodWorks :
Double Bottom (W) Breakout Possibility
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
