JUBLFOOD - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 2.9

Here’s a detailed technical breakdown of Jubilant Foodworks Ltd. (JUBLFOOD)

📊 Trend Overview

Current Trend: Reversing / Bearish Bias

Price is trading below both 50-DMA (₹649) and 200-DMA (₹656), indicating a downward trend.

RSI at 40.1 suggests weak momentum and approaching oversold territory.

MACD at -3.62 confirms bearish divergence.

Trading at just 28.6% of its 52-week range — a steep drawdown from the high of ₹797.

📈 Moving Averages

50-DMA: ₹649 — Immediate resistance.

200-DMA: ₹656 — Long-term resistance.

Price Action: Current price of ₹626 is below both DMAs, reinforcing bearish sentiment.

📉 Momentum Indicators

RSI (14-day): 40.1 — Weak momentum, nearing oversold.

MACD: -3.62 — Bearish crossover, trend weakening.

Volume: 22.3 lakh vs 1-week avg of 15 lakh — Surge in volume, possibly due to selling pressure.

📊 Bollinger Bands

Price likely near lower band — signals oversold conditions.

Potential for short-term bounce, but trend remains weak.

📌 Support & Resistance Zones

Level Price (₹) Commentary

Support 1 610 Recent swing low

Support 2 585 Historical support zone

Resistance 1 649 50-DMA, immediate resistance

Resistance 2 675 Trendline resistance

🎯 Entry & Exit Zones

Optimal Entry: ₹610–₹620 — Near support with tight stop-loss.

Exit Zone: ₹645–₹675 — Resistance zone for profit booking.

🔍 Short-Term Signals

Momentum: Weak — MACD bearish, RSI near oversold.

Breakout Potential: Low — No bullish crossover or volume confirmation.

Bias: Bearish — Wait for reversal signals before entering.

🧭 Summary

JUBLFOOD is currently reversing from a prior uptrend, with bearish momentum and price action below key moving averages. RSI and MACD suggest weakness, while volume spike may indicate distribution. Traders should wait for a confirmed bounce from ₹610 or a breakout above ₹649 before initiating positions.

Sources: Trendlyne Analyst Reports, JustTicks Technical Dashboard, TradingView Technical Ratings

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