Jubilant Pharma (JUBLPHARMA) has been consolidating within a defined channel, with resistance around the 640 mark. A breakout above this level, followed by sustained trading above 680, could signify a bullish trend continuation. This scenario may potentially lead to a significant move towards the next resistance level at 1040.
Technical Analysis:
Current Status:...
Hello traders!
Today, I'm excited to share my analysis on Jubilant Pharmova #JUBLPHARMA has broken its previous high with significant volume, indicating a potential breakout. This breakout with volume setup suggests strong momentum and presents a compelling swing and positional trading opportunity. Our analysis includes thorough volume analysis, multiple timeframe...
Symbol: JUBLPHARMA
Chart Pattern: Small Range Consolidation
SL Added in Chart and Target will be 1:4(Nearly Preivous High 625).
Disc:Chart display is only Education Purpose.Not Buy or Sell Reco.
I am not sebi reg Research Analyst.
Inverted head & shoulder.
Attempting breakout of inverted h&s.
Attempting 200 ema breakout in higher time frame.
Volume greater then average volume.
Note: This is just for analysis purpose, please do your own research before punching any orders.
First day into the week and JUBLPHARMA not wasting anytime, on track to beat average volume and gain price ahead.
Keep in list for the week, Pharma sector has been a bit hot for the past month, only risk here is if the broader market goes in correction then the stock might shakeout.
Rounding Bottom Break out !
3 year High breakout as well!
along with good strong volumes.
Overall Pharma looks poised for a good upside run !
Breakout above 520 level for a strong move to 800 levels.
Bullish Momentum on weekly
Price above 20-50 on weekly
Price re-tested on Break out.
all indicators are positive on weekly.
Can go for long for double target
![JUBLPHARMA: JUBLPHARMA BO [Weekly]](https://s3.tradingview.com/4/472yhpE5_mid.png "JUBLPHARMA BO [Weekly]")
