JUBILANT FOOD BULLISH BATJUBILANT FOOD STOCK IS IN SIDEWAYS OR IN CONSOLIDATION SINCE 23-OCT-2019. WHICH GENERATES HARMONIC PATTERNS ON CHART.
JUBLFOOD trade ideas
JUBILANT FOODWORKS WILL FALL TO 1562 LEVELS SOONERJUBILANT FOODWORKS WILL FALL TO 1562 LEVELS SOONER....
ENTRY LEVELS....1618-1635...
KEEP A STRICT STOP-LOSS 1657 ON HOURLY CANDLE CLOSING BASIS....
Watch and take SELL position in JUBLFOODJubFOOD is coming to a point where 1578 if it breaks the NSE:JUBLFOOD
Jubilant FoodworksThere is bearish divergence on RSI , MFI when price made new high, according to me one should go short once MACD turns negative for the minimum targets of 1452, or one can go short immediately with the stop of 1615 as if seens closely MACD line has started to turn
#JUBLFOOD CASH : LOOKS GOOD IF SUSTAIN ABOVE 1360 #JUBLFOOD CASH
17 OCT 2019
LOOKS GOOD IF SUSTAIN & CLOSE ABOVE 1360
FOR 1440/1500/1600 IN COMING
DAYS WITH VIEW OF 2 MONTHS
STOPLOSS 1300 CLOSING
CMP 1340
JUBLFOOD triangle in wave 4.structure is invalid if current rally breaks 1486. wait for a fall till 1225-1200. minimum 1800. sl is wave C low.
JUBLFOOD Short Setup [Intraday]NSE:JUBLFOOD should provide a shorting opportunity at 1183 with SL at 1189.70 and mentioned targets on the charts should be adjusted as per individual trader's RMS.
Note:
Please Consult Your Financial Advisor Before Taking Any Decision
Always risk 1% of account size per trade, adjust the position size accordingly.
Wolfe & Elliott Wave Analysis for JUBLFOOD intraday & med termWolfe wave for Agaust end to early January.
Elliott wave for intraday trade on 27th Agaust
Level to watch 980 weekly Below 980 level it wll be much bearish.
Any entry should be taken only if sustained 980.
jublfood1.trending down
2.pinbar
3.21 EMA acting as a resistance
4. can be good for short with small risk
Jublfood works - Bullish 1) Bullish wolfe wave
2) Monthly support line
3) Weekly - In channel and H & S break, which should eventually fail
and bounce back from demand zone area.
JUBLFOOD Buy Setup.. Waiting for the prices test my Entry Zone.
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