JINDAL SteelJINDAL Steel - Buy
@ CMP
1st target - 429 Level
2nd target - 447 Level
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Jindalsteel
JINDAL STEL, is it really breaked descending triangle (bullish)in hourly chart Jindal steel breaked descending triangle (sing of bullishness) RSI also above of 60.. Am I right according to you or not, please suggest.
JINDAL STEEL broke out1. brokout from swing high daily time frame
2. brokeout from triangle
3. 15min falling wedge broke
4. trading above weekly pivot
JINDAL SteelJINDAL Steel - Buy
@ CMP
1st target - 429.15
2nd target - 437.30
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My view on JINDALSTELJindalstel giving trendline breakout.If sustain above 408 and close above it.It should hit 417-425-435++ very short term.We are keeping on radar Jindalstel 420 CE.
JINDALSTEEL formed Inside Bar Daily Candle Pattern
JINDALSTEEL formed perfect PPL candle pattern in Daily time frame, looking at RSI i think this stock may be BULLISH on Monday 13th Sep 2021. But if this stock manages to open below 396 and sustains at that price then look for BEARISH side.
Intraday JINDALSTE Buy Jindal steel & PowerIntraday JINDALSTE Buy Jindal steel & Power @ 379 stoploss 376.5 Target 383 - 385 - 390+++++
Jindal Steel Bullish continuation 🤑🐂✅What to see for the week ahead on Jindal Steel:-
1• Jindal Steel Showing a Bullish continuation setup for the weak ahead look for a break of the trend line and a continuation for an entry in the trade.
2• Wait for the correction to confirm the trade‼️
3• Target 🎯 1. 457.10
🎯 2. 501.05.
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A potential Long setup for Jindal Steel• You can see a potential short term buy entry on Jindal Steel For the week ahead
• It has 1/4 risk reward ratio
• Entry for trade is at :- 393.40
• Profit target is at :- 421.55
• Stop loss is at. :- 384.25
* For More Indian stock related ideas follow my Account and do tell in the comments your point of view about Jindal Steel.*
Jindal Steel and PowerBought at 410.
Current Jindal Steel is 421
will go up till 475
Crosses 490 then will go up till 523 (can retrace)
Crosses 530 then up go up till 555 (retrace)
This is my analysis and not to buy or sell.
Jindal Steel If it breaks the trend line there will be more downfall till the purple block but if it respects it then these are the Targets
R-0235 Pivot break out for JSPL on daily chart go LONGBUY JSPL @284 SL 270 TGT 310/325
It has pivot breakout on the daily chart at 276
TK cross over at 266 on 30 min chart.
MACD cross over indicates favorable buy.
GO long with 5-7 days TGT and book in the range 310-325.
Why you shouldn't invest in metal stock post budgetDon't get easily fooled by the positive news for metal stocks post budget, here is the weekly chart of Nifty metal! Sideways action since the initiation of the index! Now if you are good at catching tops n and bottoms of the market you can go ahead and trade it, but even Hedge fund managers have a tough time doing this so good luck 😉
JINDALSTEL - Short term swing/IntradayThis analysis is purely based on price action and Chart Patterns.
The analysis is on 30min TF hence target can be achieved in intraday trade or in couple of days.
Entry can be taken on small candle breakout above the resistance line or if the price gives big breakout, then entry can be taken on small pullback.
Targets are shown in image. SL can be either below 294 or if entry on pullback then SL can be slightly below the pullback low.
Don't chase the price. Always plan your trade & trade your plan
Keep trailing SL accordingly once entered into the trade.
This analysis is purely for education purpose. Kindly do your own study before entering into any trade .
Also check out my other ideas to understand how price action works and how it can be used to make regular profits without any complex strategies.
Feel Free to comment for any queries regarding the above stock or price action analysis in general.
JINDAL STEEL - Bearish H&S Pattern - Intraday/Very short termThis analysis is purely based on price action and Chart Patterns.
The analysis is on 15min TF hence target can be achieved in intraday trade or in couple of days
Trade logic with SL and Target is explained in image itself.
Don't chase the price.
Always plan your trade & trade your plan
Keep trailing SL accordingly once entered into the trade.
Trade at your own risk and money management. Do your own study before taking any trade
Feel free to comment for any queries & suggestion
JINDALSTEEL (Bearish H&S Pattern) - Intraday/Very Short termThis analysis is purely based on price action and Chart Patterns.
The analysis is on 15min TF hence target can be achieved in intraday trade or in couple of days
Trade strategy is explained in image itself. Don't run after the price.
Always plan your trade & trade your plan
Keep trailing SL accordingly once entered into the trade.
Trade at your own risk and money management
Feel free to comment for any queries & suggestion
Bullish Pole Pattern : Jindal Steel and Power(Weekly Chart)Equity: Jindal and Steel Power
View: Bullish
Chart Duration: Weekly Candle Stick
Pattern: Bullish Pole
1 Possible Target: 226
Ultimate Target: 340-350
Stop Loss: 175
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STOCKMAN IDEA
