Jubilantfood
Jubilant Food - VSA Study - Bullish Structure is intactOn VSA study, NSE:JUBLFOOD bullish structure is intact.
VSA Study Points
Ultra High Volume Expansion marked as WRC "A" on chart, has got several follow-ups in the direction that shows stock's bullish structure is intact.
After landing into current horizontal consolidation area, stock seems doing some sort of consolidation on low volume.
[*} Keep close eyes on it. I think its time to come out from consolidation is near.
For instance and Day Traders
Entry: 2304 above if sustains tomorrow then Buy
Note:
Levels shared here are NOT FOR TRADE but for EDUCATIONAL & INFORMATIONAL purposes only.
I am NOT A SEBI REGISTERED Advisor.
Jubilant Food , 75 Min Triangle Pattern .Price Is Consolidation B/W Triangle and Range Is Getting Shorter .
If Price Breaks UPwards With A Bullish Candle Pattern .
It Will Go Up.
When Range Go Short Like this And Price Consolidate Between Triangle And Gives A Breakout Or Break Down It Bust ....
Manage Your Risk With Your Risk Appetite .
My Suggestion Keep a SL From Where Price Rejected Last time .
Happy Trading .
A good bullish stock for target of 1900Recently it has taken a support of trend line and bounced back harder showing huge bullish momentum. Yellow line which is weekly support and blue line is monthly resistance.
Also the stock is giving a range breakout. Buy for target of 1900 in short term with stop loss of 1650.