JUBILANT FOOD WORKS Analysis Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
JUBLFOOD trade ideas
JUBLIANT FOOD AT RESISTANCE TARGET ?stock is trading at resitance level 1679
if this is taken out can test on upper side 1743\1794
if breaks below
target is 1609/1577
Long Jubilant Food Long Jubilant food on basis of
1. Double Bottom
2. Rsi Over Sold with positive divergence
3. 0.786 Retracement Fib Confluence.
Stop and Targets are as mentioned in chart
Jublfood - Longs should hedge their positionsNSE:JUBLFOOD is facing resistance near the supply zone .
People carrying long positions can start to hedge their positions with Call short / Put Long , here to protect their gains.
JUBILANT FOODWORKS Trading Setup Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Jubilant food looks bullishIt is not able to break the resistance of 1721. I guess once it broken we can easily see 1767or more.
[Buddha] JUBLFOOD Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
Jubilant FoodWorks Ltd. - UPMOVE ??Jubilant FoodWorks Ltd.
The stock closed near the resistance level and closed with an Inside Bar pattern.
Technical indicators are bullish. Time-Trend indicator Is BULLISH.
If the price trades above the resistance level, the next resistance is 1900, and support is 100 day SMA (1633) on the daily chart.
KEEP AN EYE!! #B+
ShortPrevious support + channel, might act as resistance.
Below a small gap is pending to be filled.
Possible short Opportunity
JUBLFOOD ready to move next level !jublfood short term trgt is draw on chart, you can notice uptrend is contineus,
@current leve it take resistance on level wait and watch for entry @bottom of of the value area !
JUBLFOOD Double curve in a parallel channel:A parallel channel is a continuation pattern that slopes up or down and is bound by an upper and lower trend line.
The upper trend line marks resistance and the lower trend line marks support.
Channel Line: The line drawn parallel to the main trend line is called the channel line.
A key concept of technical analysis is that when a resistance or support level is broken, its role is reversed.
If the price falls below a support level, that level will become resistance.
Short term EW analysis on JUBILANT FOODWORKSC leg of the correction seems to have been started.
Wave 2 is in completion zone so if wave 2 is completed then the price pattern should respect the trendline which is drawn on the chart. If wave 2 is not completed the we will have to revise the trendline.
If W2 is completed and trendline is not breached then SL can be nearest swing high and one can ride the trend.
Note: Pattern gets violated only if price breaches the invalidation point.
Jubilant FoodWorks 1610 + BreakoutJubilant Foodworks (jublfood) sustaining above 1610 level, we may see breakout till 1645.
JUBILANT Breakaway Gap Long SetupJUBILANT gapping up above a long term resistance level and closing with good buying .
Can go long on pullback to structure with SL 1535
Targets 1900 in coming days.
JUBILANT FOODWORKS Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
JublFood - sell on riseEven after entering the resistance zone, it failed to sustain.
Sell as near as possible to 1600
