JUBFOODJUBFOOD fut broke out of range as well ascending triangle pattern on an hourly charts with decent oi.
Risk:Reward = 1.3
Could be bought with mentioned stoploss & target
Jubilantfoodworks
Jubilant Foodworks - A potential for upmoveThis stock is trading with steady volumes on the bourses in all time frames for last 18 months.
It shows positive divergence on oscillators.
The 52W H/L is INR 586.35 / 412.20.
It has now entered the demand zone in all major time frames.
It is trying to build the support at current levels in the past 4 trading sessions.
LTP on NSE on 09/Feb/2024 was INR 482/- (with a high of INR 484/-)
Although it has entered the demand zone in all time frames, still conservatively I will buy even at a dip to Rs.450/-
Resultantly after all this discussion, I believe that the target price should be INR 620-650.
Stop Loss should be INR 412
Risk to Reward will be 1:5
The time horizon should be 6-9 months
JUBILANT FOODWORKS AT MAKE OR BREAK LEVELS below 515 sell Jubilant Foodworks is at make or break levels.
on a daily time frame its taken multiple support at the trend line but this time it is coming back with a heavy feeling from last three days
important levels to watch out is 520-515 below to this level we can see a sharp sell in a stock
levels marked over the chart
Jubilant Foods might give jubilations to the investors Jubilant Foodworks Ltd is India’s largest foodservice company. Incorporated in 1995, the Company holds the exclusive master franchise rights of Domino’s Pizza, Dunkins, Popeyes, Hong’s Kitchen etc. Jubilant Foodworks CMP is 517.15.
The Negative aspects of the company are high valuation (P.E. = 126.7) and FIIs are decreasing stake. Positive aspects of the company are no debt, improving cash from operations, MFs are increasing stake and promoter unpledged stake.
Entry after closing above 521. Target of the call will be 536 and 560. Long term targets in the stock will be 583 and 611. Stop loss in the stock should be maintained at closing below 460.
Jubilant may see a jump after being beaten down to the pulp?Jubilant Foodworks company is an Indian food service. company is a part of Jubilant Bhartiya Group. Company holds 3 master franchise i.e Domino’s Pizza, Dunkin’ Donuts and Popeyes. Company also launched its homegrown brand i.e Hong’s Kitchen in Chinese Cuisine segment. Company currently has a more than 1701 outlets for Domino’s Pizza, Dunkin’ Donuts and Hong’s Kitchen.
CMP of the stock is 442.55. Negatives of the company are high valuation (P.E. = 69.3), high promoter pledge and FIIs decreasing stake. Positives of the company are No debt, improving annual net profit and MFs are increasing stake.
Entry in the stock can be taken after closing above 450. The target will be 470 and 493. Final target can be 512. In case the stock gives closing above 517, long term negative trend will be over and the stock can then sail to 536 and 550+ levels. Stop loss in the stock can be maintained at a weekly closing below 410. The stock can be a long term investment idea.
JUBLFOOD Conditional Buy IdeaAs 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.
JUBILANT FOOD: Bearish but wait for Pullback?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!!
Jubilant Foodworks: Soon to breakout!Jubilant food is a strong candidate for a potential breakout! Keep it on your radar.#JUBLFOOD
#How to take #Oppurtunity in #Jubilant !Well Our pizza god JUBLFOOD is yet onto a point of liftoff but here i find multiple oppurtunites which can be done. I have tried to make it in a Tabular Form and It Might Help you to get a synopsis on what you can do!
1. Scenario 1 says a buyers trap can be initiated from 550 to 562 range, now what can you do on that? If it goes exacttly on that range we can short it till 521 and 495. There is clear exhaustion on top levels and is eminent it can eat up peoples money as it is waiting like a crocodile there. SO IF IT OPENS GAPUP WAIT 15MIN CANDLE TO GET DIRECTION. IF GOES ABOVE JUST SIMPLY WAIT TIL 550 TO 573 RANGE, and short with SL of 585. (Sl is 17.5 points on which point you sell) but you shall understand that in weekly chart it shows exhaustion as well
2. Scenario 2 says 15 Min chart shows like ETH or Ethereum Daily Chart movement. Like a parallel 90degree channel which is always emninent to break, its like building a ladder slanted and you dont know where the inclined wall is, so likely if opens flat might short at 550 levels to 518 but 560 touching is emininent.
3.Scenario 3 says if you want to take an oppurtunity to buy dont ever use range analsysis in this scrip, it backfires alot but yes you can put a buy above 15min and hold it, till tgts of 560, and dont panick if it falls below that, SL of 15.5 shall be taken froom there!
4. Scenario 4 says it needs to fall to get more of it, so 495 buys looks good for straigt target of 580 soon, but wait for retracement to happen and then do buy!
Jubilant Foodworks Trend AnalysisExpect support around 365 level, which lies in confluence with key support trendline.
FIIs sold a major chunk, which was bought by DII's & retail public.
Rising debt is concerning while profit figures are getting better with better sales and OPM%.
Can accumulate around 350-380 levels for the following targets:
Short term swing target @ 550 (50% ROI with 5.3 R:R)
Medium term swing target @ 750 (105% ROI with 11 R:R)
Long term positional target @ 1100 (201% with 21 R:R)
Stop loss @ 330
Do your own due diligence before taking any action.
Peace!!
Good Entry Point in Jubilant FoodworksAs per Chart Analysis
I am Bullish from here on wards in Jubilant Foodworks after 42% fall from peaks.
Entry Levels : Around 2500
Stop Loss : 2000
JUBILANT FOODThis share now trade near support price of 2340 if break out below 2340 nxt strong support @ 2100
if break out above resistance 2740 target of 3567 and 4000
BREAKOUT IN JUBILANT FOODSThere is a possibility of breakout in JUBILANT FOODS in a couple of days (both in Daily and Weekly timeframe). Please add this stock to your watchlist.
DISCLAIMER: The ideas are only for educational purposes and not buy/sell recommendation. I am NOT SEBI registered.
Jubilant Foodworks Trend Forecast Estimated chart pattern subject to market conditions and company performance.
long for TGT 3400 + in midterm
Accumulate at given support levels.
As we seen aggressive acquisitions of fides food,stake in barbique nations and other in last period all may Boost EARNINGS and sales growth.
Newerthless, Sector gonna be a CASH COW for period as result of excess reverse public spending after unlocking and vaccination.
