#jubilantfoodworks @ 2443, an "abc" correction is "almost" done fm 4575

Holding 2500 & moving past 2615 would be the 1st sign of reversal attempt

Only +ve factor "Highly oversold"-meant for aggressive traders
Conservative traders wait for some "Bull candle" formation in Day t/f https://t.co/NbwmqJxo0W

Do you now see how this #Elliottwave labeling tools (12345 or ABC, stc.,) can be accessed in https://t.co/C8fkLCoGfe

My application of #Elliottwave mostly limits to identifying 12345 & ABC and all the rest are left out.

I make money; that's all matters.
Forget the WXYXZ, etc., https://t.co/2RTzJ9CLfC

#deepakntr (CMP:2133)
A LRHR trade
"ABC" correction seems to be over.
Holding 2110-2115, likely to head to 2200-2220 in a day or two.

What is #Trendindicator ?
Technical Analysis with "Macd"

Do back test on index & stocks in #Tradingview chart using MACD, how your trading positions would have been on the right side!

https://t.co/I2n6qX4TL2

Spend just 15-30 minutes to learn a skill
with 100% focus & attention

Macd is the simplest & most reliable indicators available. Macd uses Moving Averages & turn them into momentum indicator by subtracting longer MA from shorter MA. The subtracted value when plotted forms a line that oscillates above & below zero, without any upper/ lower limits.

Using shorter Moving Average (5 & 10) will produce a quicker, more responsive indicator (fast macd), while using longer MA (12 & 26) will produce a slower indicator (Slow macd), less prone to whipsaws.

Macd measures the difference between two Exponential Moving Averages (EMAs).

A +ve Macd indicates that 5 or 12-day Ema is trading above 10 or 26-day Ema. A -ve Macd indicates that 5 or 12-day Ema is trading below 10 or 26-day Ema. If Macd is -ve & declining, then -ve gap between faster MA & slower MA is expanding & Downward momentum is accelerating..

Investors: with huge portfolio use week macd to spot -ve div. to "Part Book" once & during Bearish Cross over 2nd "Part book" & last one at Bearish centreline crossover. Start buying in parts when +ve div. start & add more with Bullish cross over & Bullish centreline crossover

Traders: Use in combo with basic EW knowledge to make entry & exits. When you combine studies of diff. time frames such as Week, Day & Hour, you have potentially a system which will follow prices to good accuracy.
No foolproof system but only more efficient one in relative term.

Jubilant Foodwork -10% in pre-open

Organization bigger than the individual will be tested again?

Reaction when Ajay Kaul resigned: -8.2% intraday, closed -5.4%

Since Pratik Pota took over: +417%

#jubilantfoodworks #StockMarket #Nifty

Has more than 70% market share in organized pizza market

Stock -28% YTD
Trades at 59x now vs 78x at its peak

Challenges ahead for Jubilant Foodworks

-Find a successor
-Consumer inflation impacts discretionary spends
-Difficult to take another price hike
-Freight & delivery bill to be impacted by fuel price hikes

#dominospizza

#JUBLFOOD - Swing Opportunity in Jubilant Food - TradingView -

#JUBLFOOD
What a beautiful price structure on the Monthly scale.
What's your take?

#StockMarket

$JUBLFOOD.NSE (4H)

Breakout retest!