JUBLFOOD Trend reversalSharing the example where double bottom pattern did not worked and stock reversed its direction. now it is trying to test the support. So technical analysis may not guarantee 100% success. Patience is the key
JUBLFOOD trade ideas
JublFood Hourly Chart@RebiData
JublFood - Intra Trade
Buy near 2865-75, SL 2850, TG 2890-2905-2915-2928
jublfood created wedge and at the resistance.jublfood created wedge and at the resistance. looks like it will fall like a knife.
Jubilant Food-LongJubilant Foodworks can move towards 3200 to 3300 levels once trendline breakout is done
jublfoodNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
Jubiliant Food - BUYRunning in a Trend Channel
Making Higher Highs
If mkt looks good den go for a Buy
Jublfood Futures Intraday/Short TermRemain Bullish till trading within Pithfork.
Use the Pithfork lines to know Future support and Resistance.
Jublfood @ the verge of breakout!!!JUBILANT FOODWORKS is forming an ascending triangle pattern & trading at the verge of it can go up or down according to its breakout.
If it breaks upside - can easily touch 3170-3200 levels.
If it breaks downside - can go to 2560-2570, 2420 levels.
Trade according to its breakout.
RSI is currently around 40 levels.
Jubilant Foodworks will Bounce up & Run Soon!NSE:JUBLFOOD showing correction and that is about to get over.
The box shows Price reversal area from which probably it is going to bounce up and run.
Wait for confirmation when it breaks out of the channel if you like, being observant pays good.
JUBILANT FOOD IN DEMAND ZONE!!!!Keep an eye on this stock excepting breakout.. risky trader with SL can enter now also.....
JUBLFOODAt trendline Support, Further Breakdown will make it move towards next support zones marked.. Keep an eye.
Jublfood shortclosed below round level of 2800, trend-line breakdown with lower low lower high formation 15 min closing below todays low can give 100 points on downside....T1-2690 t2-2640 t3-2550 with SL of 2840
JUBLFOOD short term ideaNSE:JUBLFOOD
Marked are the supply and demand zones.
Avoid taking trades in supply and demand zones.
Go long above 3030. Target 1 - 3110. Target 2 - 3170
Go short below 2860. Target 1 - 2810. Target 2 - 2780
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