JUBLFOOD trade ideas
#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.
Keep It Simple, Keep It Unique...
My View Only :)
JUBLFOOD longLong JUBLFOOD on the hold of trendline, Overall structure shows strength and hold of trendline may confirm double bottom.
Jubfoods- Long- Jubilant FoodBuy at CMP Tgt 1325 SL 1230
Stock taking support at lower end of Bollinger band......expect a good bounce back from the near double bottom and oversold pattern..
Jubilant foodJubilant is looking quite bearish on HTF charts but it seems it will try to recover some of the lost ground before any further downfall.
View will stand invalid if it breakout from the broadening wedge on lower side.
All the Best!
Buy the breakoutOpen a trade on the side of breakout for the targets marked with green lines.
All the best.
