JUBLFOOD has broken out of a descending triangle on 1 hour timeframe, this is the retest level on 1D timeframe and also a flag and pole pattern is visible on daily timeframe. The resistance has turned into support now. New buyers may enter the market at this point. A very low risk trade on the charts
The stock was recovering from a big down move. Then it encountered a BC bar. It took more than three months to come out of the supply shadow of the BC bar. Now it has succeeded to come out of the supply shadow and cleared the last point of supply as well. This accumulation of three month has given enough strength to the stock to move up further. All key...
NSE:JUBLFOOD
One Can Enter Now !
Or Wait for Retest of the Trendline (BO) !
Or wait For better R:R ratio !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low.
2. R:R ratio should be 1 :2 minimum
3. Plan as per your RISK appetite and Money Management.
Disclaimer : You are responsible for your Profits and loss, Shared for...
Pleasure to have you here. This is an investment analysis done for the Tickr, and potential in the Technicals.
In this Daily Chart , the chart has been slightly in uptrend and as soon as it crosses its resistance, we will decide to make a position in the stock,
if you like the idea please like the post :) It will be a motivation to further such...
Double bottom break out confirmed with all the condition satisfied.
1. Elephant candle on break out
2. Gud volume
3. Less opposite party response.
4. NO wiks or less wicks
SL 460.
Jubilant FoodWorks Ltd., Chart is quite strong with Bullish View at CMP 545.00
Patterns are drawn on Daily Chart and as usual complex drawing is presented. However for better clarity, part of the chart is published for your thorough understanding.
Target as follows:
Tgt: 800.00 (Basis Weekly Chart)
SL: 505 (Closing Basis)
Market is all about OPPORTUNITY /...
Jubilant Foodworks
Going above 545 will confirm we are in 3rd wave of miner degree,,,,!
Disclaimer
Past Performance: Past performance is not indicative of future results. The historical performance of stocks, indices, or any financial instrument mentioned in this Brief is not a guarantee of future performance.
Investment Risks: Investing in the stock market...
Chart is self explanatory. Please follow the price action & take the trade as per your appetite.
The information provided here is only for educational purpose. The information provided here is not intended to be any kind of financial advice, investment advice, and trading advice. Investment in stock market is very risky and trading stocks, options and other...
Jubilant food, leading in QSR and delivery business of Dominos. Stock can be seen falling from 650 levels and seen lot of correction.
Stock was falling due to increase in raw material prices and margin pressure.
Now sooner or later prices will come down and pass on to customer.
Company has also announced capex and also launching new flavors and products.
Stock...
Stock in uptrend channel
Good opportunity for long
If price break the lower trend line immediately exit the trade.
Good risk reward
Disclaimer:- this is my personal view for education purpose only.
No Buy sell recommendations give by me.
Jubilant Foodworks Ltd is India’s largest foodservice company. Incorporated in 1995, the Company holds the exclusive master franchise rights of Domino’s Pizza, Dunkins, Popeyes, Hong’s Kitchen etc. Jubilant Foodworks CMP is 517.15.
The Negative aspects of the company are high valuation (P.E. = 126.7) and FIIs are decreasing stake. Positive aspects of the company...
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
