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
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
More from The_Chartist 📈
✅✅ https://t.co/MtJOLfpzYj
Laurus Labs - I am waiting till 3:15 PM to get confirmation of closing above 700 to add more of it in my portfolio. \u2705\u2705 pic.twitter.com/UxZCuxhuIX
— Steve Nison (@nison_steve) August 9, 2021
AWL - look at the ranges of contraction on the chart https://t.co/2XMhqZQu8X
Borosil Renewables - Patterns like these must be looked at carefully and must be kept on the radar. Herein price is contracting which generally signifies shifting of hands (from weak to strong). If you go wrong, the risk is limited in these. pic.twitter.com/iqyoeslZjy
— The_Chartist \U0001f4c8 (@charts_zone) July 12, 2021
More from Jublfood
Jubilant Foodworks https://t.co/oarPRnT0Vk
The chart signals an upcoming violent move. I may be wrong but the risk is getting too low in here. Keep an eye out.
— The_Chartist \U0001f4c8 (@charts_zone) April 18, 2022
Holding this from lower levels - the reason being capitulation.
Jubilant Foodworks https://t.co/M1vLYEbkef pic.twitter.com/TVXZKo028g
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
#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
~ 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
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