Looks Supergood on Charts. Near All Time High. Above all Key EMA. Good for Shortterm. Do Like ,Comment , Follow for regular Updates... Keep Learning ,Keep Earning... Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
Can enter at CMP 224 If falls again you need to average at 200 level Targets - 245,280+ Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you...
JSW steel make a W pattern which represent the bullish power of the bulls. If the stock break the structure and the 200 EMA on its lower time frame then go for it. It is also a swing trade if you see the chart on 1Hr time frame it make a clear W pattern and we can book the profit at 200EMA. (Always Do your own analyis )
The stock now took resistance at the levels, which it was trying to hold since 14 May 2021. Now sustaining below 685 levels, the stock might be moving towards 615 -606 levels.
DATE: 19 MAY 2021 INSTRUMENT: JSW STEEL TREND: BUY TIME FRAME: DAY CMP: 721.20 BUY ABOVE: 727 STOP LOSS: 696.55 TGT 01: 772 DISCLAIMER: We are not S E B I registered analysts. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.
Two bullish scenarios based on previous price action. More probable red, and less probable blue. We are in oversold areas on daily RSI, on weekly JSW currently struggles with 200 W EMA - that is a really strong resistance. Once that is broken with confirmation I am switching from bear to bull. For now neutral post as situation is yet unclear.
Strong Momentum Trade setup .
I was expecting more extensive rally up but present one meets requirements for 5th wave. From this point of view, untill the price overlaps last ATH I am trading as red line follows. Interestingly if the wavecount is entirely correct we are about to experience a general corrective movement since the march 20'. In that case we are on the a few months gradual...
Hello !! JSW steel is quite a good stock and giving a good buy signal. if it breaks the resistance which looks favorable and sustains over it then 228 can be seen and other targets can also be seen. #my_view #learner
Price taking support 188 rs now , from now price can move above We need monday daily candle close above 195 if we achieve that close than it can move higher
JSW STEEL Has broken out of a ascending triangle and has retested the support quite a few times, holding strong. - MACD is closing in and a bullish crossover is imminent, implying a continuation upwards. - The price action is currently supported by the 50MA on the 2H TF. - First target is 205 (7%) - Second target is 231 (~20%) If you like my charts, don't...