Jubiliant Foods - Swing trade oppurtunity
JUBILANT FOODWORKS- JUBLFOOD
JUBLFOOD is currently trading at a Weekly support zone of 440-460.
CMP is 448.
I'm seeing a good swing trade with around 20-25% gains from here.
I will add more positions if getting 470-480. My stoploss would be below 400-410.
I'm expecting a recovery till 470 & 485. then will add more for big target
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
@shashankgupta2003
JUBLFOOD is currently trading at a Weekly support zone of 440-460.
CMP is 448.
I'm seeing a good swing trade with around 20-25% gains from here.
I will add more positions if getting 470-480. My stoploss would be below 400-410.
I'm expecting a recovery till 470 & 485. then will add more for big target
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
@shashankgupta2003
Kommentera:
going good, will wait for 25% gains
Kommentera:
25% gains finished, our target reached but gave a good breakout and we will not book profits now, we will wait till it breaks 585-600(this can act as some resistance) it breaks we can look for 650-680 levels