JUBLFOOD trade ideas
Triangular pattern. Chances for breakout upside is more. All the delails are shown in the chart. I have taken the trade for long at exact poitn. Safe traders wait for the breakout. Targets are mentions on chart.
JUBILANT FOOD - Ascending wedge pattern resistance breakoutJUBILANT FOOD - Ascending wedge pattern resistance breakout at monthly TF - Long
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Jublfoos is looking good for buying above 2810It seems jubl food is ready for next up leg
As a good move with good vol was senn in previous day session
Buy above 2810 Sl 2680
Target 3000
Disclaimer : This idea is for only educational purpose, pls consult your financial advisor for any trading . investment
JublFood bulish viewJublfoodlooking good on Risk rewardis fevrable @ c,p 2711 sl below 2630 target 3000,3200 possible.
Before jump into trade do your own analysis. this chart is only for learning purpose
JUBLFOOD - Good ConsolidationA Symmetrical triangle is a clear cut indication of consolidation followed by a breakout. A BIG BREAKOUT...........
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
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Happy Trading!!
Jubilant Food works - Bulls have an upper handJubilant Foodworks:
Bulls and Bears have equated the game
Now both will play within this candle range for few days.
Bulls had mover 12.5% previously. Means to equate the distance they still have 4% to complete.
JUBLFOOD, CORRECT USE OF PRICE ACTION FOR EASY INTRADAY PROFITS JUBLFOOD was given to buy above 2645 at 11:49 AM today. This triggered after wait of 2 hours and gave us good profits. There were initially 2 reasons for trade and later flag formation acted as 3rd reason which added confirmation to it.
Post the breakout, it was also given that stock if crosses 2693 then it can move to 2723. Although it didnt break 2693 and made high of 2691.5. Reason for this target analysis were FIbo extension.
Daily view of Fibo below shows that 1.272 level is at 2692 and this I analyzed that it this breaks this level it will move to 2723 which is 1.272 Fibo extension of smaller TF fibo
Smaller TF FIbo
Watch my other charts to understand simple price action used for all of the analysis. Keep your charts simple and free from lagging indicators. If you check all previous charts, you will understand how beautiful price action trading is and how one can become independent trader by following some simple rules.
Reach out if you wish to learn powerful technical analysis based on simple price action.
Thanks
Piyush Gupta
Learn & Earn
JUBILANT FOODWORKS - Target price 2829Note: This is for educational purpose only.
CMP 2500. Currently on an ascending channel with resistance at 2659 and support at 2233.
