#JUBLFOOD (W)
- Bounced from support
- New demand zone created
- Bounced with good volume
- Trading in HH-HL Structure
- Buy above 2880
- Stoploss 2500 (DCB)
- Target 3250/3750/4100/4590+
- TF ≈ 1 year
#Investing
![](https://pbs.twimg.com/media/FNoPvwRVsAI4X5c.jpg)
More from Himanshu Chauhan
More from Jublfood
#JUBLFOOD-4362
As the stock price trying to enter in to
new Orbit (#Fibonacci extension6.857%(4491)
Further Fibonacci extension projection ploted on chart.
Long term perspective.
#Probability https://t.co/fPSLKLDxln
As the stock price trying to enter in to
new Orbit (#Fibonacci extension6.857%(4491)
Further Fibonacci extension projection ploted on chart.
Long term perspective.
#Probability https://t.co/fPSLKLDxln
![](https://pbs.twimg.com/media/FBj9mwnVcAI4qcx.jpg)
#JUBLFOOD -3940
— Waves_Perception(Dinesh Patel) \u092e\u0948\u0902Schedule Tribes) (@idineshptl) August 17, 2021
Moving higher towards objective
6.857%(4491)#Probability https://t.co/oKppKL59mG
Reasons for taking this trade violating the stock price < 200MA were:
~ capitulation move
~ no further selling left
~ a major TL validated on a weekly scale
~ highest R:R ratio
With such capitulation & tight SL = capital put in was 30%
Risk = 50, Reward = 350
Jubilant Food https://t.co/M1vLYEsngf
~ capitulation move
~ no further selling left
~ a major TL validated on a weekly scale
~ highest R:R ratio
With such capitulation & tight SL = capital put in was 30%
Risk = 50, Reward = 350
Jubilant Food https://t.co/M1vLYEsngf
![](https://pbs.twimg.com/media/FPkRne7VUAI2ZQ3.png)
The selling climax is accompanied by volume bars of such magnitude that I highlighted in the chart. In almost all cases, they signify that even the last bull has thrown in the towel & there is no further selling left. Will observe in this case.
— The_Chartist \U0001f4c8 (@charts_zone) March 15, 2022
Jubilant Food pic.twitter.com/j7bGSdhkRW