As 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.
In the Weekly Chart of JUBLFOOD ,
we can see that, it has formed Spinning Bottom / Decision making candle.
Enter on breaking its High with Low as SL. Keep target of 640.
Folks,
Bearish Harmonic pattern is triggered. It is a critical juncture we are in for Jubilant food.
For few weeks follow stock price levels strictly and according to market sentiment make long/short !
Below 416 -->Bearish
Above 466 -->Bullish
Target Levels are marked in Orange colour.
Trade cautiously!!
Hello and welcome to this analysis
The stock has been in a decline since Sept 2021, all bounces have so far been sluggish as it continues to make a lower high lower low pattern. It was removed from Nifty Next 50 hence the recent exit pressure from Index based funds
In the immediate short term due to a heavily oversold scenario a dead cat bounce appears to be in...
JUBLFOOD - It looks like about to BO. Its travelling in a trend. Once can enter if BO happened on the upper side 593+ .
If BO happened on the up side then the target marked it will follow. It the BO happens on the Down side then it becomes invalid.
Disc- Only for learning purpose and not a trading recommendation
This stocks is fall from last 2 month and fall almost 18% but the strong support zone is 460 far 50 points from this level be caution in long side bcoze it looks weak on every rise I will short it
NSE:JUBLFOOD best level to take entry is 540 with stop loss of 530 only. My expected target will be 555 & 561.
Note: This is my personal analysis, only for learning.
Thanks
