my #monday #Buy #VGM #portfolio #picks
#jubilantfood
sl 2500 on closing basis tgt 4800
#Bullish.
#Breakout
#relativestrength
#outperformance
#investing #trading
#India
#AhmedabadNest
#nishshkumar

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High volumes could have been better here although I am content with the move from the March lows considering the least risk the setup provided. It is better if we get a strong candle closing above the boundary.
Jubilant Foodworks - updated chart https://t.co/mH1TTqHbcq
Jubilant Foodworks - updated chart https://t.co/mH1TTqHbcq

Post the capitulation move, I am anticipating an ascending triangle breakout in Jubilant Foodworks however the buy is not triggered yet. That target open would be 667.
— The_Chartist \U0001f4c8 (@charts_zone) April 21, 2022
Ascending triangles also act as key reversal patterns. https://t.co/M1vLYEsngf pic.twitter.com/f06rbJhLaq