JUBLFOOD trade ideas
2 month Prediction - UP TrendConsolidate now for 1 - 2 weeks > move towards 1900 and later 52 wks high
Jubliant food Short idea for coming days In Daily TF it has formed a Bearish flag and where the selling pressure was predominately higher till 1136 from there it took a little correction where in 4HTF it has formed a rising wedge making HH and HL and on 3rd April it has made a recent LL and formed a new supply zone in 4HTF. Once it retested the 4HTF supply zone we can go for sell enteries in lower TF. Will keep you posted with the updates.
Jubilant food level to watch 1000-1100Looks like jubilant is about to bottom at 1000-1100.
Lockdown is going to give huge opportunity for pizza so definitely a multibagger to watch
Jublfood levels for 16-Mar-2020(Intraday)Above 1545 for 1555,1580,1620
Below 1450 for 1440,1420,1380
Critical Zone- 1450-1545(sideways)
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Jublfood Levels for 12-Mar-2020(Intraday)Above 1645 for 1655,1675,1730
Below 1600 for 1590,1570,1510
Critical Zone- 1600-1645(sideways)
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jub fooworks unwind long position coming soon major pullbackwith 61.8 fibonacci retracement and moving average exp. of 200 likely to intersect at this point, this can be put on watchlist for long scenarios
