nalysis of Jubilant Foodworks Limited Option DataBullish Sentiment: Given the low PCR Vol of 0.149, it suggests that traders are more interested in call options than put options, indicating a bullish sentiment in the market for Jubilant Foodworks Limited.
Active Trading: The significant open interest and the high number of contracts (4825) traded suggest active participation and interest in this stock's options.
Price Movement Expectation: With the spot price close to the strike price and a 28.03% change in the option's closing price, there could be expectations of price movement around the strike price of 500.00.
Position Build Up: The reading "Position Build Up" indicates that traders are actively building their positions, which could further support the bullish outlook if these are primarily call positions.
This data suggests that traders are expecting potential upward movement in the stock price of Jubilant Foodworks Limited and are positioning themselves accordingly through call options.
Demand zone: 22.20 - 18.80
Jublfoods
JUBLFOOD Conditional Buy IdeaAs per analysis NSE:JUBLFOOD is consolidating from last one and half months. My view is to take entry only if any 45min candle close and sustained above level of 458.00. My stop loss will be 410 (-50 points). My expected upside target will be 474, 500 & 542.00 (+82 points).
Note: This is my personal analysis, only to learn stock market behavior. Thanks.
JUBILANT FOODWORKS - Base formationThe stock had seen quite a fall in the past few months.
Now it looks like it is forming a base around 2750 -2700 levels.
Immediate Resistance is at 2870 levels, not strong enough to resist prices for long.
Hence holding 2700 levels, the stock is most probably getting ready for a reversal.
JUBLFOOD SELL SIDE VIEWSELL JUBL FOOD NEAR 3135 SL 3216 TGT 1: 3047 , TGT 2: 2973 , TGT 3: 2912
Try to book on a risk reward of 1:2 and don't wait for the exact targets as market is very uncertain. This post is for educational purpose only.
Disclaimer post: We are not sebi registered analyst, plz do your own analysis before investing. we are not responsible for any of your losses
Jublfood - Multi-time Frame + Breakout?? The Indicator Used:
PANEL 1:
1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts.
2) Valuation band
KEYS: Red Faded Cloud: Over Valuation.
Grey Faded Cloud: Proper Valuation.
Green Faded Cloud: Under Valuation.
PANEL 2:
1) TE-REKAB - Proprietary Indicator
KEYS:
PB: Pullback
Blue Candle: Selling Divergence
Yellow Candle: Buying Divergence
If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV , hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!