JUBLFOOD trade ideas
JUBLIANT FOODS INTRADAY CALLSELL JUBIFOOD AT 1788 CMP WITH SL1798 ABOVE RESISTANCE LINE .TARGET 1760
JUBLFOOD#JUBLFOOD
BUY ABOVE 1751
SL 400EMA
TGT 1782/ 1795/ 1809 UPTO 1850
SELL BELOW 400EMA
SL 1673/ 1656/ 1629
exepting good buy above if its close above 1743excepting that bull continue move up because its in supply zone that may convert into demand zone i excepting 1820++ in few days let wait what gonna happen
please consult your financial advisor or do at your own risk i not responsible for any profit or loss
JUBILANT FOODWORKS - TRENDLINE BREAKDOWN (BEARISH SETUP)NSE:JUBLFOOD
BEARISH SETUP - Breakdown from a long supporting trendline (rising wedge pattern) with decent volumes supporting the bearish momentum.
RSI and RS confirms the charge of bears. Thus a good downside move can be seen in next few trading sessions.
View: It will bleed more (may be after a short retracement). Since it is showing weakness on relative strength. Momentum may continue
PS: Trade with caution or wait for some more price action.
Diclaimer: Take this view only for educational purpose. Trade on your own risk.
Happy trading!
JUBILANT FOODWORKS FOR INTRADAYIf You are price action trader you don't need any indicator,
As you listen to your heart and mind...
Try to communicate with price!
JUBILANT FOODWORKS Stock on a uptrend and will retest 1800 levels. Trading above the EMA 21 and volumes consolidating at present levels. Targets of 1765, 1805, 1845, 1875
JUBLFOODJUBLFOOD Make ascending triangle pattern So if Break then you can plant to trade according to breakout.
#Jublfood cash : Looks good above 1740.10JUBLFOOD CASH
02.07.2020
LOOKS GOOD ABOVE 1740.10
& DIPS 1732-1735
STOPLOSS 1724
TGT 1749-52/1768
(Risk free once above 1752 for 1768-1770)
Cmp 1725
