short jubilant food worksstop loss 560
tp 499
the is 5 wave going on in the corrective c pattern hence the short senario for jubilant foodworks
Key stats
Volume
—
Current contract
JUBLFOODH2023
Contract size
1250
#JUBLFOOD possible to sell#JUBLFOOD trading 638 formed bearish pattern,
Today trading our retracement level,
we can sell below 636 and tgt 625
SL: LIVE
Jubilant Food Cmp 582 dated 23-8-2022Jubilant Food Cmp 582 dated 23-8-2022
1. Bullish Piercing Candle Stick.
2. Trendline support @ 558
3. RSI Divergence
Buy @ Cmp for tgt of 590-600-615-630-650 SL 555
It is just a view, pls trade at your own risk.
Jubilant Food Cmp 581 dated 23-8-2022Jubilant Food Cmp 581 dated 23-8-2022
1. Bullish Piercing Candlestick
2. Trendline Support
3. RSi Divergence
Buy for a tgt of 590-600-615-630-650 SL 555
It is just a view, pls trade at your own risk.
#JUBLFOOD possible to buy#JUBLFOOD trading 553 formed bullish pattern,
Today trading our retracement level,
we can buy around 545 and tgt for 565
SL 528.
Jubliantfood is a positional BuyJubliantfood is trading above the average and resistance trendline, this stock trading near the support zone and it may take trend reversal also so its a positional buy. buy above@2840 and to the target1@2988 and target2@3049.
Why we like it:
Trading above average and resistance trend line, its a po
JUBILANT FOOD WORKS LONGReasons and indicators to buy:
-RSI above 60
-MACD Crossover
-Higher volume than the past 5 trading sessions
Watch Out for Ascending Triangle Pattern Break-Out in "JublFood"Jubilant Food , forms "Ascending Triangle Pattern" on hourly time frame as well as 15min TF also.
Above I gave all the details with Stop & target & this could be a nice rally for those who missed Biryani Treat from JublFood.
you can also research it and post it in the comment section.
See all ideas