JUBLFOOD trade ideas
Jubilant Foodworks| BUYA breakout of ₹1,920 has led to the confirmation of bull-flag pattern. Since the stock is making lifetime highs, the upward momentum looks good and the scrip can gain sharply from the current levels.
JUBILANT FOOD - SHORTJUBILANT FOOD: Trade from Top. Doji at the Top. Short below 1973. TARGET - OPEN - INTRADAY
Jubiliant Food EducationEducation only.
Option 1 - BO
Option 2 - Reverse in Channel/Wedge
No Personal View on Buy or Sell.
JUBFOODS momentum move expected.JUBFOODS is following fib retracement levels quite well. We can confirm if the stock crosses ATH level it will experience good momentum and price movement in coming sessions.
Can go for Long with Support at 1805-1810.
Stock is above all moving averages.
DMI & ADX shows trending.
JUBLFOOD - LONG SETUPThis is trading in range for more than 4 days. If this breaks above 1920, it can gain good momentum, given Nifty FMCG is positive.
JUBILANT FOODWORKS LTD in bearish trend.Stock of jubilant food is weak on charts & bearish view can be seen. As marked on chart pole and flag pattern has been seen. RSI is also showing negative divergence which is also showing the weakness . Sell below the level of 1860 for the target price of 1815-1810 with the SL of 1885 . So add the stock in your watch list to see the price action movement in the stock.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
Watch the free trading ideas performance sheet for the month of July-2020
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SELL JUBLFOOD BELOW 1884 SL 1895 TG 1870-1860-1800SELL JUBLFOOD BELOW 1884 SL 1895 TG 1870-1860-1800
buy sidejubilant food trade in a trading range upper range 1783 & lower range is 1618 .. so once buy confirm above 1820 for trgt 1850 /1900 in coming days with sl 1720.its my personal view
JUBLFOOD SELL POSITIONALLYSELL THE STOCK IN RANGE 1880 TO 1890
SL 1989
TARGTES 1795
1752
1717
1666
1600
