#Jublfood cash -Positional call 02.05.2024 Looks good above 470.10 Stoploss 440 Tgt 516-520/550/585 Cmp 455.10
Buy JUBLFOOD bounces back from weekly demand zone. 1st Safe target would be 485. All above supply zone are tested. Book 50% qty on 1st safe target and hold rest of qty for big target 550 near about.
#Jublfood cash -Posiitonal call 14.04.2024 looks good above 470.10 Stoploss 455 Tgt 484-485 Risk free above 485 for 516-524 Cmp 463.20
Jubilant Foodworks has fallen from 586 and is now forming base. Company is diversifying, stock moved by more than 5% as it acquired stake in O2 Renewable. Trendline broken, double bottom breakout awaited.
Jubilant food is near to major support zone. If price hold above support zone then we can see good reversal. My plan to buy only if breaks the trendline after taking support form that levels.
JUBILFOOD cmp 458, breakout above the upper TL of the falling channel, has the potential to move to 490 (ultra short term) and 550 (short to medium term)...view becomes invalid below 410....disclaimer: this is not a trading recommendation, posted for education purpose only. Pls consult your financial advisor before taking any trades
There will be a big buy move after the retest. Following the retest, I am looking to buy JUBLFOOD and am waiting for a confirmation within a shorter period of time.
Please read the notes as mentioned on the chart and act accordingly. Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes. Let you grow. May! I follow you. Thank you
In this chart we can see that there is a fall in the share price and expecting it to take support at 354. this is for educational purpose only.
Relative Underperformance on both weekly and daily chart taking resistance on weekly chart from moving avg Short on Daily at 448 SL 468.75 tgt 427.25
#Jublfood cash - Levels in advance 14.04.2024 looks good above 470.10 Stoploss 455 Tgt 484-485 Risk free above 485 for 516-524 Cmp 461.35
Buy JUBILANT FOODS @495.75 for TGT of @531.75 and @566.30
Overview: Jubilant Foodworks is poised for a bullish trendline breakout. This setup presents an excellent opportunity for traders to enter the market with well-defined risk and profit targets. Entry Point: Initiate a buy order at or above 491 INR, aligning with the breakout above the descending trendline resistance, indicating a potential upward trend. Stop...
Jubilant food has been underperforming since few years. Stock has formed strong positive RSI divergence at confluence of supports. Above 500, reversal will start and above 600 , reversal will be confirmed. Valuation wise, not a good stock but RSI divergence stock are known to give quick, big moves. All positional traders shouldn't miss this stock
Fundamentals 🍕 Shareholding Pattern: Promoters hold a significant stake of 41.94%, indicating strong confidence in the company's prospects. Institutional investors, including mutual funds and DIIs, collectively hold 22.13%, demonstrating sustained interest and confidence in the company's growth trajectory. Foreign institutional investors (FIIs) hold 27.75%,...
Our previous trade hit the stop loss, here is a new buy setup on the weekly time frame, You can accumulate shares from this price point with an immediate target of 500 and a long term target of600+
Taking reversal from buying zone. Formed a hammer on weekly timeframe. SL and target price marked. This only for educational purposes, trade at your own risk
As per weekly chart set up, the following is observed :- 1. Positive crossover in MACD just below centre line is going to take place. 2. RSI reversal from oversold zone seen. 3. Weekly green candle seen which is a positive for upcoming days or trend changed candle. So, 480 and 500 levels can be seen in the stock in next coming days. So, 460 call option or...