JubilFoodThe pattern may be considered as Rounding Bottom. Price is about to breakout. Target is 250 plus from the breakout level.
JUBLFOOD trade ideas
JUBLIFOOD - Short SELLJUBLIFOOD comes in Distribution zone and ADX also on higher side, so trend is changing.
JUBILFOOD, Stock rallyHow does a stock prepares for a rally (bullish/bearish)? Here is an example of a bull rally. A base is formed which was held for a long time. Also price consolidated in a small price band. Then 50 DMA gave an upward cross on 200 DMA (Golden cross). Price broke out of the narrow range and rallied to make higher highs and higher lows.
What to do now? If one likes to go long, one may have a small SL. Because this stock has given a good run up. Smart traders may wait for a consolidation. That will give them steam to continue the rally.
JUBLFOOD : SHORT TERM : SHORT As per my wave analysis..
On BO of the trendline, and a small consolidation/flag bo, take short trade for downfall of this script.. ride all the way down..
Jubilant FoodworksThe stock has been able to break above it's 61.8% downward retracement with good strength in the stock alongwith heavy volumes. Can do well going ahead.
SHORT JUBILANT FOODSELL JUBILANT FOOD @2018
STOPLOSS 2030
TARGET:- 2000-1980-1960
STOCK BELOW 200 AND 100 MOVING AVERAGE.
jubilant food works as we can see that double top is in making break of 1249 will take us to the 0.23 fib level retest of neckline and then to the final tgt that is 0.382 fib level that is 1140
Bearish Cypher completed on Jubiliant Food Daily just noticed how the perfect bearish cypher harmonic pattern completed on jubiliant food daily chart , also setting up a bearish crab in the process !!!
buy at trendline break ?when the trendline breaks , a buy position could be considered with stops below the last swing low and targed for 1350 where AB = CD completes !
Beasish Crab on Jubiliant Foodworks ?Bearish Crab harmonic pattern on Jubiliant Foodworks daily chart ?
AB = CD forms beyond X , so definitely it is a crab pattern. if point B breaks , the pattern will be validated...
Jubilant Foodworks Breaks Positively from Descending TriangleStrong price action break out from descending triangle and then a confirmation back to previous resistance and now moving up to achieve targets of 1252 and 1263. Keep a stoploss at 1229
Jubilant Food - Hot Delivery in 30 Mins Chart (Buy)After a strong big green candle breakout from 1216 levels, this confirmed a uptrend momentum intact and after confirmation of previous resistance as support, it confirms a better risk reward. It shall reach to the next resistance levls of 1250 as per this 30 mins chart.
Target: 1250
SL: 1210
Bullish Signal on Jubilant FoodworksA Double bottom has formed which is a good signal with MACD showing buy signal
JUBLFOOD: It's time to BUY pizzas Key take aways:
1. Completion of 5 corrective waves
2. All Oscillators are at over oversold conditions
3. Almost no risk to high reward condition.
Markets are in down trend but for next couple of weeks a upward rally can be expected in the market due to many short covers in market, which can also support the upward rally of this overheated pizzas.
Trade safe, cheers.
