Bought 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 IS TAKING ITS 5O SMA AS A NEW SUPPORT.
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
BUY 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.
M W D H Long Jindal steel , targets are 355,369.
Don'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 😉
This 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...
This 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...
This 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...
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 Agree ? Just Follow and Like STOCKMAN IDEA
Jindal- Bat Probability , can move towards 205
JINDAL STEEL I selected this stock for shorting. If you followed my last idea (TRADING STRATEGY), i mentioned that select weak stock for shorting. this is selected on the basis of fundamentals. Results are visible. it is going to give one more shorting opportunity. I classify traders as two types. 1. Conservative (safe play) 2. Dare (risk play) So ...
JINDAL STEEL is in very good uptrend from april. Like every good movie has an end, this uptrend is coming to an end, or taking some breath after long run up. Here is my views, VOLATILITY STOP INDICATOR GAVE THE FIRST SIGN OF WEAKNESS. If it brake the uptrend line then, it will start new journey to south. let see how it develops.
We saw good rally in metals(Tatasteel,jswsteel,jindalsteel,Sail), these many days. Fresh Investors Ignore Metals as of now. Now It's in overbought zone, Will it sustain or we can see a big dip in All Metals. Also looks like completion of Elliott's 5 wave - . Go through my profile in.tradingview.com for all metals analysis done.
It was a good bull run from last 20 days. Now it seems weaker. It's just a correction or end of rally ?
Intraday Cash Buy JINDALSTEL @ 198-198.30 SL 194.30 TGT 206
Jindal Steel is in a very interesting pattern. This broken out of the Daily consolidation/ corrective down trend. Entering long here could be risky but If we see a consolidation here in the form of a flat indicating a continuation, then it is a good buying opportunity- to retest the Daily highs and possibly go beyond. For a favorable risk / reward, I would...