JUBLFOOD trade ideas
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.
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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.
JUBLFOOD - 4H TF - Bearish BatBearish Bat pattern on 4H Chart of JUBILANT FOODWORKS. SELL 2629-2630, SL 2660.1, Target(s) - 2602, 2590.
Why I think JUBLFOOD can cross ATHThe analysis is given on the chart
Comment if you have any query and if you like my analysis, don't forget to press the like button.
I am not a SEBI registered investment advisor and hence do not follow my analysis blindly.
Be aware of what you are trading and the risk associated with it.
Stock market is risky and you can lose a lot of your capital.
Be wise and trade carefully!
Grateful!🙏
JubliantFoodworks-ViewJubliant Foodworks:
Resistance breakout and Channel Breakout possibility
Long above 2640 with a SL 2600
Jubliant Food works - Intraday ViewJubliantFoodworks:
Intraday View
Support Breakdown possibility
Sell below 2506 for 1 percent quick gains with a SL 2522
Rising wedge pattern in JUBLFOOD!Jubilant Foodworks has formed a rising wedge pattern. One can go short when the lower TL is breached and expect 2465 levels to be tested again in the upcoming days.
Jublfood -Continue to bearish move? If follows channel, yes#jublfood Moving perfectly in a channel...If it follows channel and breaks 2430, then next targets are 2300 and 2150 as shown in chart.
JUBLFOOD- Short term tradePA shows a possible short term trade in NSE:JUBLFOOD
Details in the chart.
All the best Y'all!
JUBLFOOD - Pullback post first BreakoutNote: This is for educational purpose only.
There seems to be first pullback post bullish breakout. This is a test of previous resistance which now turns to support.
Jubiliant Food EducationEducation Only 2400 around.
Long with limited qty.
CMP 2425
No personal view.
[Turtle] Jublfood 2600CESell Jublfood 2600CE at 45
This is expiry view. Fut short will trigger when the line breaks.
