SWING IDEA - JUBLFOOD

Updated
Looking good for next leg up
Successful retest of swing low
Looks good till 550 and above
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Positive News:

Jubilant Foodworks Q4 Consol Net Profit At 2.08 Billion Rupees

Q4 CONSOL NET PROFIT 2.08 BILLION RUPEES
Q4 CONSOL REVENUE FROM OPERATIONS 15.73 BILLION RUPEES
DIVIDEND 1.20 RUPEES PER SHARE
YEAR AGO Q4 CONSOL PROFIT 285.4 MILLION RUPEES, REVENUE 12.70 BILLION RUPEES
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Safe Can exit @ 520 with 10% up from entry. Others can hold until exit depending upon your risk management.
Trade active
Re-Entry triggered yesterday again due to Election vote counting. Congrats to those who got a new entry again yesterday and hit 10% profit within 1 day.
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15% Profits done so far.
Trade seems to be going exactly as expected.
MACD Cross is holding really well.
Could hit targets sooner than expected.
Keep a close eye.

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News:

Jubilant Foodworks Opens 2,000th Domino's Pizza Store in India.
Jubilant Foodworks is the master franchisee of global brands, Domino's Pizza, Popeyes, and Dunkin' in India.
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We are still at Max Profits of 15%.
MACD is still indicating a good movement upward.
Let's hope we close our Targets this week.

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Trade closed: target reached
Trade Completed. Target Achieved.
Total 20% Profits booked.
Time Taken = 6 weeks.

Congrats to those who made good profits with this Trade.
This is how perfectly Price Action can mint you money when done right.

Trade can still be held on based on your Risk Management as the momentum still looks strong and it is possible that the Stock can go further upward.

Follow for more such Ideas!
Comment any Stock that you want me to take a look into and share insights.

Kudos!!

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Achieved 24% Profits since our Entry Zone. Congrats to those who are still holding on to the trade and booking higher profits.

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Despite a weak market this week, stock has managed to achieve close to 30% Profits from our Entry Zone. Congrats to those who are still holding on to the trade and booking higher profits.

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Positive News: Jubilant FoodWorks reported a nearly twofold increase in Q1 FY25 net profit to Rs 60.80 crore, with revenues rising 44.85% YoY to Rs 1,933.06 crore.
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JUBLFOOD has made a massive breakout from 620 levels. So long as this levels are maintained in weekly closes, the stock could rally up further more.
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Positive News: Jubilant FoodWorks Clocks Gains in Fiscal Q1.
Company saw a jump in its consolidated net profit to 558.0 million Indian rupees in the fiscal first quarter ended June 30 from 289.2 million rupees a year ago.
Earnings per share grew to 0.89 rupees compared with 0.44 rupees, according to a Friday filing to the stock exchanges by the fast-food chains operator.
Trade closed: target reached
Close to 39% Profits achieved from our Entry Zone. Congrats to those who are still holding on this trade and booking higher profits.

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Trade closed: target reached
Achieved 44% Profits.
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Trade closed: target reached
Achieved 49% from our Entry Zone. Congrats to those who still held on to this trade and booked even more higher profits.
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