JUBLFOOD trade ideas
ARE WE GOING TO SEE A BIG DOWN MOVE IN JUBLFOOD ??!!!Chart suggests me the above opinion.
Few reasons for my opinion:
1.Major bearish flag pattern is seen.
2.Given BREAKDOWN with volume.
3.Head and Shoulders pattern forming ??!!
Now its looking like retracement (Broad market is in bullish mode!).
whatever so, Our saviour Stoploss must be day closing above the short yellow horizontal line!!
As usual, Let's Wait and Watch!!!
Note: Just for knowledge....neither a tip nor advice!!
JUBLFOOD SYMMETRICAL TRIANGLEJUBLFOOD travelling in small range of symmetrical triangle, watchout for breakout, levels will change at the time of breakout.
Trade as per your setup and price action.
Jubl FoodPattern is bearish formation.. breakdown awaited.. for longs needs some more retest of demand as there will supply due to long red candle
My view on JublfoodJublfood may give inverse head & Shoulder breakout above 554.50.
Keeping on radar Jublgood 560 CE
JUBLGFOOD: Short Patten prominentNSE:JUBLFOOD , in hourly chart showing a clear downtrend after breaking one lower lows.
Then after making a nice up move upto point 4 in the chart, it unables to break the double-bottoms (1 and 3) W patten. At that time the volume candle was high. So it actually reinforces the downtrend.
Lets wait for it to break down the price corresponds to point #3 in the chart (535) and then it will lead to further fall. SL the current consolidation zone (why? - if prices pushes up, it will again go on this purple rectangular consolidation zone).
Trade: Sell below 535, SL: 543, T: 530/522/518
Jubilant foodworks Analysisguys the major pull backs and support and resistance zones are marked in the above chart . take trades in options with small target and small loss
JUBLFOOD--POSITIONAL jUBLFOOD-- POSITIONAL --DAILY CHART --SETUP
1. JUBLFOOD seen daily chart trading at upper channel currently
2. Lower low of upper channel support seen at last closing daily candle
3. Stock likely pullback from this level from oversold line .
4. QQE mode also seen pullback bar as selling decrees at last red bar
5. one can initiate BUY at current level 555 above for target 575- 600 - 625 stop loss 525 bellow trendline of upper channel
6. risk to reward 1:3 from current level
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ... trade at own risk, !!
** SUGGETIONS AND COMMENTS ARE WELCOME .!!
HAPPY TRADING . !!
Jubilant Foodworks - ShortStock is in tight channel on 1D timeframe. A breakdown of that channel with give good RR if shorted.
JUBILANT FOODWORKSJUBILANT FOODWORKS is consolidating between the levels of 570 to 545 the moment it breaks down the consolidation zone we can see a good fall till 528 as there can be a small hurdle. The further target we are getting is till 500.
500 is good support where it saw the support and reversed back with a double bottom pattern. which also completed the Tripple bottom pattern and then consolidated between 545 to 570. That makes it the most important level to break down .
Another point is that while putting the FIB retracement we can see that the 0.5% rejection level is at the same 545 level and 0.6% is at 526. Because of this, we can see a slow bearish move (DEPENDING UPON THE VOLUME).
We can see pressure building up when moving average of 50 and 100 are crossed that show a negative sign in the market and we can see the breakdown on that point too.
Double Bottom pattern reversal in JUBLFOOD.JUBLFOOD
Key highlights: 💡⚡
📊On 1H Time Frame Stock Showing Reversal of double bottom Pattern .
📊 It can give movement upto the Reversal target of above 570+.
📊There have chances of breakout of Resistance level too.
📊 After breakout of Resistance level this stock can gives strong upside rally upto above 590+.
Price Action Chart Of Jubilant Foodworks #JUBLFOODJubilant Foodworks is struggling to go high from its CMP 556 but the uptrend confirmation is only above 655 then it can hit 800 and 920. At the same time, if it breakdowns the up trendline then it may go to 480, 450 and 420.
CMP 556
TP1 650
TP2 800
TP3 920
#JUBLFOOD
Dominos Party-JUBLFOOD- looking good on charts-buytaking support around the trendline.
buying at CMP(615).
target-680
stop-loss-580
Jubilant Food Cmp 604 DATED 12-10-2022 DOJI CANDLEJubilant Food Cmp 604 DATED 12-10-2022
1. Doji Candle @ support line
2. RSI reversal
Buy above 606 for target 615-625-635 SL 590
Disclaimer :
I am not a Sebi registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, pls trade at your own risk.
Long on Jubilant foodworksstock is in strong uptrend. price action closed above 20 ema indicating momentum and rsi crossed beyond previous high . strong resistance at 634 and once it breaks it with good volumes, then next target should be 650.
Jubilant Food finding bottomTwo indicators are showing good sign of bottom formation.
We can start adding with 6month to 2yrs yrs as horizon.
Double bottom (confirmed)
OBV divergence
Ascending triangle pattern in JUBLFOOD.Discription:
Stock Name: JUBLFOOD
Chart Pattern: Ascending triangle pattern
Time Frame: 15m
Entry: Breakout entry above 610+
Breakout target :- 640+
JUBILANT FOODWORKSJUBILANT FOODWORKS Looks Bullish for Short Term on Daily Charts.
BUY JUBLFOOD @ Rs 580
Targets Expected are Rs. 675 in the next 10 - 15
Stoploss placed below 545
NSE:JUBLFOOD
JUBLFOOD --- POSITIONAL TRADEJUBLFOOD - 1 hour chart - Positional trade.
1. Pullback seen from oversold level around 560 where double bottom formation also seen on chart
2. trend reversal doji candle form at double bottom level where uptrend seen on chart
3. Trendline breakout seen at hourly chart at last hourly candle
4. sqzmom indicator seen reversal from oversol at blue line
5. WMA RSI -- RSI seen up move and if cross wma Then uptrend confirm
6. support form at 570-575 Level which is buy level and target 1- 600, target 2- 620 , stop loss bellow doji candle low 555
Positional trade (8-15) days
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ... trade at own risk !
HAPPY TRADING. !!
Jubilant foodworksA stock You should keep on your radar
Waiting for Breakout...
Will update if Breakout happens with Target and SL.
