ilmscore | Prediction Details
"Jubilant FoodWorks has broken out from its previous resistance in Daily time frame your views please absolutely why not jubilant Food Works has been on my redar since a long time once one of one of the Paha St in my portfolio finally has come in green after a long time uh used to be one of my favorites uh has not performed well in the past I'll just quickly show you the weekly time frame I've been tracking this since quite a longe just so yes in first first comes first in a daily time frame is this like a c handle it is uh has it been showing strength since past few days SL weeks answer is yes again okay has broken out uh is still going up today 2.2 29% yesterday almost 3% what we need to check right now that is really really important is can it see a choke Zone here and answer is yes according to me okay if you see I tried to go about this one two so two weeks it struggled third week it went up then one 2 3 4 five week it was testing this sixth week shot up like anything almost 10% in a single week followed by 16% crash in a single week then this acted as a resistance one two twice third time fourth time and since then it has been a crash since genan 2022 okay I personally believe this is the next most important hurdle for this stock to clear also psychological barrier of 800 rupees if that is taken out I feel stock has to you know test its alltime highs will be interesting see this is not a prediction per se I'm teaching you technical analysis how previous supports or prev see earlier it was a resistance then acted as a support again it is acting again it acted as a resistance then came down again it is going to ideally a resistance here it is going to be a resistance here as well and typically when all these long-term resistances are taken out with good volumes with sustained buying then typically we have seen this in the past that you know uh alltime Highs are also tested in such situations"
By CA Rachana Phadke Ranade | January 2, 2025 | Pending
From video
Auto Sector Turnaround? | Breaking down Auto numbers | CA Rachana Ranade 00:24:31 - 00:27:03
Interpreted Prediction
Jubilant FoodWorks has broken out of previous resistance. The next significant hurdle is the 800 rupee psychological barrier, and if cleared with good volume, the stock could test its all-time highs.

Prediction Details

Ticker
JUBLFOOD

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