I have observed a nicely formed Diamond pattern which is ripe to give breakout so one put it into their radar and take appropriate action timely. Aggressive trader can short at opening tomorrow as retesting the boarder of the pattern however defensive trader can trade on breakout.
Looking to sell on rise Near Zone with reversal for Small trend trade in F & O
We are seeing a downside for JublFoods short january futures for a immediate target of Rs 1760
JUBIL FOOD is moving in a BAT formation. Crossed the B level on its last leg up.Took resistance at 618FIB and bouncing between the two FIB Levels.Its finding sup/resistance at every FIB level.
big move expected ...near rsi monthly 40...
Jublfood cash Strong support zone 1680-85 If it holds then will bounce else down (Make or break level 1680-85)
Hi , refer chart. No naked trade. Use strategy Buy 1700 call , Buy 1700 put . Buy 1700 call , sell 1850 call . Buy Dec future , sell 1700 call. Lot size is 500 , Manage risk : This stock has high movements (around 80-100 rs), so even lot size is less ,big price movement gives high risk. Don't over...
Explained in chart..... Disclaimer: All my post are for educational,non-advisory and non-directional
JUBILFOOD is moving in a rising wedge for long, squeezing in. Currently on the edge awaiting a reversal or breakout.
result coming soon , thus a rally can be seen in jb from current levels and it can lead the stock to good heights ,,, exit a day before result can be a better risk management strategy
Is some retracement possible here ? Looking forward to breaking the wedge next month A paper trade to observe on 30 Nov.
Rules & Structure Of Wolfe Wave Pattern To Identify Wolf Wave Patterns, Waves 3-4 must stay within the channel created by 1-2 Wave 1-2 equals waves 3-4 (shows symmetry) Wave 4 is within the channel created by waves 1-2 Wave 5 exceeds trendline created by waves 1 and 3 There Should be regular time between all waves How To Trade. Entry point When Price Close...
Everything mentioned over chart...
Jubilant food has formed Symmetric triangle in the daily chart Go long above 1395 Target 1 - 1436 Target 2 - 1471
I am not looking this stock as strength left in it for further considering bullish , it will make some correction , and decision point i am looking some ware near 1225 Lets see how it unfolds Regards
any pull back to 1359 and 1370 you can go for selling. sell for the ltarget of 1243
H&S on Hourly Charts, Break of 1370 with Volumes can take this stock to 1340