Good evening frineds JUBLINDS IS ready to show good move till it Is above 725.
Educational Idea - Jubilent industry looking good for long for target of 760/780 with sl- 570
ATH Consolidation from months Breakout with huge volume only for educational purpose.
Ascending triangle pattern breakout Higher Low pattern Good volume breakout Good green candle 44 dma breakout Lower supportive trendline Levels mentioned
Detailed analysis given on the chart NSE:JUBLINDS
Disclaimer: All charts are purely for educational and information purpose only. Invest or trade at your own risk.
This chart has traditional trend chart pattern triangle and retested
7 weeks base. flag. BO today. quiet volume throughout. support from 50 DMA strong prior momentum pocket pivot today good swing trade SL - below 490 TGT - 600
stock is moving through a channel. strong accumulation. patiently wait for breakout
Stock Name - jubilant industries Time change 3 months to 1 year Buy above 436
CHART SETUP LOOKING GOOD
The stock seems to be stable in a volatile market while completing a 3mth rounding bottom. Once the volatility settles, this is likely to give a rocket move. Mcap ~ 500 Cr D/E ~ 0.2 SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on...
Jubilant Industries’ adhesive ‘Jivanjor’ is the second largest brand with 20% market share next only to Pidilite’s Fevicol. Its recent distribution agreement with US giant, HB Fuller. will be a game changer. Jubilant is a screaming buy as it trades at a mktcap of just Rs.500cr v/s Pidilite’s mktcap of over 1lakh cr! Huge Rounding in weekly can touch 400 levels in...
The stock looks good above 338 for a target of 358 positionally
NSE:JUBLINDS Levels mentioned in Chart. Note: Not a SEBI Registered analyst. Trade at your own discretion.