#JUBLFOOD CASH : LOOKS GOOD ABOVE 2355.10#JUBLFOOD CASH
07.10.2020
LOOKS GOOD ABOVE 2355.10
STOPLOSS 2342
TGT 2374-75/2394/2414
SL 2335
JUBLFOOD trade ideas
Double Bottom at Jubl Food We see a gradual buying at Jublfood. we can enter for long position if the 15M candle closes above 2350.
Jubilant FoodIT Sector and FMGC sector are performing well from last week and State gov also allowing to open Restaurants under Unlock 5.0. so it will be a good opportunity in Jubilant Food to book profit. You can see in the image if it breaks the upper line then it might be going up or if not then upper line works as resistance, you can do short sell and make a profit.
SHORT IDEA ON JUBLFOODTRADE ALREADY OVER WAS UNABLE TO POST DURING WEEK DAYS! JUST WATCH HOW BEAUTIFULLY IT RESPECTS THE LEVELS!
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Jubilant Food Possible Short Term LongPrice went all time high & came down a bit, if you are planning to buy tomorrow when the market opens at this price, you need to ask yourself this question:- 'Who is buying this stock at this high price?'
There are two zones to buy, look for price action there. The price could even break the high & form a new structure.
Jubilant Foodworks Technical Analysis . Hello friends , Today i have the technical chart Of Jubilant Foodworks . Friends as you can see here that it is in a uptrend trend which means Its sentiment is up but it can also go down because it is on it is making 'Elliot wave and ,Thus it is also near the breakout point of its Elliot wave and now i think it will go down but it can be also up from where i have turned my trend line of Elliot Wave but i think it will go down surely .Its Support price you can take is at rs 2017 and its Second support you can take is at rs 1934 . and also remember to read out the notes and other things written on the chart and i have showed the important things and other thing on the chart . Thank You . If you like this Idea and this Analysis just please like this idea and leave a comment i will surely try to improve it or if you have any doubt related to this you can write in the comment. Bye Bye .
Weekly levels (28 september to 02 October 2020) - JUBLFOODweekly levels for 28 september to 02 October 2020
Intraday (22-9-2020) - JUBLFOODintraday levels for 22-9-2020. Sell only if strong close seen below support zone
[Positional Sell]sell below weekly candle lowSell JUBLFOOD below 2324 with SL of 2423.
Target at 2225, 2126,2027,1848
Book 50% at 2225 and update the SL to 2324
Long after green candle in JUBLFOODLong after green candle in JUBLFOOD
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Jublfoods ShortBreakdown of channel patterns looks weak now. Can see fall upto 2100 as well. Short at CMP or some upswing for 2308 immediate target.
JUBL food BuyThe stock has seen to come out of consolidation or what we can say kind of Darvas box. Retest of support done at 2302. Long at CMP or at dip around 2320-2325 for 2375-2400++ SL 2190. Personally in near term shall not breach 2400. Only if there is strong momentum go for it orwise 2380 is safest level to book. Can also be sold near 2377 SL 2399 (if reversal candles are found- 11/09/2020 Daily candle being Anchor candle).
