Jubilant Foodworks - otw to 4 7 0 0 https://t.co/enFXCyMfut

Jubilant Food - A 3-month long rectangle in making. Watchlist. pic.twitter.com/DwvSzfbX6S
— The_Chartist \U0001f4c8 (@nison_steve) February 17, 2021
More from The_Chartist ЁЯУИ
It is important to analyse the strength of the breakout. If the price does not continues the move in 1 or 2 sessions and candles show long upper wicks, it is better to bring the SL closer. Distribution sign.
Will be helpful in next breakouts. https://t.co/AtZOj4bKeT

Learning: Strong breakout
— The_Chartist \U0001f4c8 (@nison_steve) July 2, 2021
1. Breakout candle will have no upper shadow or extremely less compared to the body
2. Volumes will be high (to avoid retailers to enter & also big hand absorbing all the selling)
3. Pullbacks will be rare/very less
4. Happens after a long consolidation pic.twitter.com/YTHDOnEdxo
More from Jublfood
~ 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
Jubilant Foodworks https://t.co/ZBMsHWfg7R

The selling volumes with indecisive candles tell a lot about the selling pressure. I don't think there are more sellers left in here. It is one of the biggest trades for me and my views may be biased but SL is at a cost now so I lose nothing unless it gaps down.
— The_Chartist \U0001f4c8 (@charts_zone) April 7, 2022
Jubilant Food https://t.co/M1vLYEsngf pic.twitter.com/5GOCWtgScD
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
You May Also Like
ЁЯЧУ Release date: October 30, 2018
ЁЯУЭ New Emojis: 158
https://t.co/bx8XjhiCiB

New in iOS 12.1: ЁЯе░ Smiling Face With 3 Hearts https://t.co/6eajdvueip

New in iOS 12.1: ЁЯе╡ Hot Face https://t.co/jhTv1elltB

New in iOS 12.1: ЁЯе╢ Cold Face https://t.co/EIjyl6yZrF

New in iOS 12.1: ЁЯе│ Partying Face https://t.co/p8FDNEQ3LJ
