Jubliant foodworks (695 ) breakout ..target 860Jubliant foodworks (695 ) has given breakout from round bottom pattern after completing pllback test. We expect it will move to 860 in coming days.
News :
Jubilant Foodworks Gets Order Demands GST Of 27.2 Million Rupees
ROE at 19%
Compounded 10 years Sales Growth at 13%
Dividend payout of 20.4%
JUBLFOOD trade ideas
JUBLFOOD : at completion of corrective wave C🔍 Trading Idea: Jubilant Foodworks Ltd. (NSE: JUBLFOOD)
📈 Timeframe: 1H
💰 Current Price: ₹621.55
🎯 Swing Target: ₹709 - ₹723
🎯 Options Target: ₹673
📉 Extended Retracement Zone: ₹602 - ₹630
📉 Extended Wave C Preparation Zone: ₹601 - ₹589
🛑 Stop Loss: ₹585 (Hourly Close)
📊 Analysis:
The stock has shown a sharp rebound from the extended retracement zone (A) near ₹602-₹630.
A potential breakout is forming at point (B), indicating a move towards the swing target of ₹709-₹723.
The extended Wave C preparation zone (C) at ₹601-₹589 acts as a critical support level.
Maintain a strict stop loss at ₹585 to manage risk.
🚀 Strategy:
Entry: Consider entering around current levels or on a pullback to ₹610-₹615.
Risk Management: Tight stop loss at ₹585 to protect against downside.
Exit: Take profits near ₹709-₹723 for swing traders or ₹673 for options traders.
Disclaimer: I am not a financial adviser; please consult one. Don't share information that can identify you.
JUBLFOOD cup & handleAlthough I'm bearish on Indian markets and predicting 21000 as the target, these scrips are popping up on my radar.
It's suggested to enter based on your risk capability.
The entry will be only on a strong close of the daily candle above 745, and the stop-loss (SL) will be the low of the handle.
POV : JUBLFOOD : Cup and Handle PatternPOV : JUBLFOOD : Cup and Handle Pattern
Chart Reading:
1. Cup and Handle Pattern Breakout
2. Trend and MoM are in sync.
POA and Pattern Target mentioned on Chart
For educational purposes only. This is not financial advice. Please consult a professional before making financial decisions.
#NiVYAMi
Amazing breakout on Weekly Timeframe - JUBLFOODCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME.
Checkout an amazing breakout happened in the stock in Weekly timeframe.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
JUBLFOOD- Analysis
Bullish Levels -above 436 then 530 (CMP is above this) then 692 then 854 then 1016 then 1178
Bearish below 421
**Consider +/-15 Points buffer in above levels
**Disclaimer -
I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk.
Thank you.
Review and plan for 26th December 2024Nifty future and banknifty future analysis and intraday plan.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
JUBILANT FOODWORKS LTDJUBILANT FOODWORKS LTD
JUBILANT FOODWORKS LTD is part of the Jubilant Bhartia Group and is one of India’s largest food service Companies. The Company holds the master franchise rights for two international brands, Domino’s Pizza and Dunkin' Donuts addressing two different food market segments and now has Popeyes in its food segment.
.
FII Increased its holding from 20.38% to 21.01%.
DII Increased its holding from 29.69%to 30.19%.
OPM% has been consistent at 20% for the last 6 quarters.
.
CMP-645
BUY at cmp
SL is 600
Deep sl 580
.
TG-720, 2TG-820
.
This is Kartik Thakur,
Signing off
:)
Jubl Food Ltd view for Intraday 18th Nov #JUBLFOOD Jubl Food Ltd view for Intraday 18th Nov #JUBLFOOD
Resistance 615. Watching above 616 for upside movement...
Support area 600. Below 610 ignoring upside momentum for intraday
Support 590 Watching below 599 for downside movement...
Resistance area 615
Above 610 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
JUBLFOOD S/RSupport and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
20 EMA (Exponential Moving Average):
Above 20 EMA: If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum.
Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory.
Combining RSI with Support and Resistance:
Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal.
Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.