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Jublfoodtrade

JUBLFOOD : at completion of corrective wave C🔍 Trading Idea: Jubilant Foodworks Ltd. (NSE: JUBLFOOD) 📈 Timeframe: 1H 💰 Current Price: ₹621.55 🎯 Swing Target: ₹709 - ₹723 🎯 Options Target: ₹673 📉 Extended Retracement Zone: ₹602 - ₹630 📉 Extended Wave C Preparation Zone: ₹601 - ₹589 🛑 Stop Loss: ₹585 (Hourly Close) 📊 Analysis: The stock has shown a sharp rebound from the extended retracement zone (A) near ₹602-₹630. A potential breakout is forming at point (B), indicating a move towards the swing target of ₹709-₹723. The extended Wave C preparation zone (C) at ₹601-₹589 acts as a critical support level. Maintain a strict stop loss at ₹585 to manage risk. 🚀 Strategy: Entry: Consider entering around current levels or on a pullback to ₹610-₹615. Risk Management: Tight stop loss at ₹585 to protect against downside. Exit: Take profits near ₹709-₹723 for swing traders or ₹673 for options traders. Disclaimer: I am not a financial adviser; please consult one. Don't share information that can identify you.
NSE:JUBLFOODLong
by LiveTradingBox
nalysis of Jubilant Foodworks Limited Option DataBullish Sentiment: Given the low PCR Vol of 0.149, it suggests that traders are more interested in call options than put options, indicating a bullish sentiment in the market for Jubilant Foodworks Limited. Active Trading: The significant open interest and the high number of contracts (4825) traded suggest active participation and interest in this stock's options. Price Movement Expectation: With the spot price close to the strike price and a 28.03% change in the option's closing price, there could be expectations of price movement around the strike price of 500.00. Position Build Up: The reading "Position Build Up" indicates that traders are actively building their positions, which could further support the bullish outlook if these are primarily call positions. This data suggests that traders are expecting potential upward movement in the stock price of Jubilant Foodworks Limited and are positioning themselves accordingly through call options. Demand zone: 22.20 - 18.80
JLong
by ruelfernandes
Jubilant FoodWorks: Breaking Out of Falling Wedge Pattern SignalJubilant FoodWorks (JUBLFOOD) has formed a falling wedge pattern in the daily timeframe, indicating a potential bullish reversal. The recent breakout from this pattern suggests increasing bullish momentum. Traders may view this as a signal to enter long positions, with targets set based on the pattern's projected move. However, confirmation through volume and price action is advisable for a more robust trade decision.
NSE:JUBLFOODLong
by indaytrading