JSW STEEL 5 November 24 View BuildingMonthly Mother Candle , 5 EMA Support
Weekly UBBC, Price > 5 EMA
Daily Mother Candle BreakOut
Golden Crossover
Price crossed BB Median
Bullish RD
JSWSTEEL
JSWSTEEL
NSE:JSWSTEEL
One Can enter now!
Or Wait for a retest of the trendline(BO)!
Or Wait for a better Risk:Reward Ratio!
Note :
1. One should go long with a StopLoss, below the Trendline or the Previous Swing Low.
2. Risk :Reward ratio should be minimum 1:2.
3. Plan your trade as per the Money Mangement and Risk Appetite.
Disclamier : You are responsible for your profits and loss.
The idea shared here is purely for Educational purpose.
Follow back, for more ideas and thier notifications on your email.
Support and Like incase the idea works for you.
JSWSTEELNSE:JSWSTEEL
LIFE TIME BO!!!!!!!!!!!!!!!!!!!!!!!!
One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
Cup & Handle Pattern in JSW Steel ChartsJSW Steel charts are showing clean Cup & Handle formation.
With the interest rates set to decline, metal sector as a whole looks well placed for a rally.
Please do your own research and analysis before making a financial commitment.
JswSteel : Path Towards wave 3rd target(1050)Its moving on wave 3rd of intermediate degree
just trace it should be touch 1050
or even more
SL =910
Target = 1050
Just A View - JSWSTEEL 📊 Script: JSWSTEEL
📊 Sector: Steel
📊 Industry: Steel - Large
Key highlights: 💡⚡
📈 Script is trading near middle band of BB.
📈 MACD is giving crossover .
📈 Double Moving Averages will give crossover soon.
📈 Right now RSI is around 54.
📈 Stock is trading into narrow range which means consolidation which is highlighted into chart.
📈 Stock is trading between 794 to 845 rang.
📈 One can go for Swing Trade only above 845 level.
⏱️ C.M.P 📑💰- 845
BUY ONLY ABOVE 845
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
🤦🧪📉 Example JSW Steel - Selling on Strength Helps NSE:JSWSTEEL
An Introduction to Price Action Trading Strategies helps for long-term investing as well. Here in this example of JSW steel,where would be better off selling in price action strength when stock price jump usually at a higher level
The first thing I do is look at the chart and see if it has any apparent patterns. If not, then I will look at the volume profile.
This tells me whether the stock is driven by fundamental news or technical factors.
Exiting would have saved you 17 months of underperformance and also testing your patience.
Learn the Opportunity cost your money
disc: Never invested , no intention at the moment. Sharing knowledge that
JSWSTEEL--Drop Base Dropprice is trading in bullish channel form long time.
taking the support multiple times from trendline
This stock is now in consolidation
we detected a drop from the upper resistance channel,
after a long time consolidation price is moving upside to test this resistance,
if price comes to bottom side,trendline is ready to push the price up,if failed to push the price up,
then will look for short side from the topside of consolidation area.
keep an eye on this stock for short side.
JSW STEEL Upside levelAs per my analysis, NSE:JSWSTEEL has been tested 820.55 two times which is breakout levels for 843.00. If price crossed 821, there would be high probability for target of 843.00.
Note: This is my personal analysis, only to learn stock market behavior. Kindly do your own analysis before take any trade. Thanks.
JSWSTEEL--Trading in a channel??this stock is trading in a channel...
keep in long side until price is in the channel....
if channel breaks and retest then look for short side....we have resistance in the zone 840-850 liquidity on topside may done above this levels and fallback.
Drop base drop chance...so keep an eye on this.
Trade and Analysis for JSW STEEL
We see that Price has completed its Waves 1 and 2 and currently we have Wave 3 onn, we can consider this to be one of the strongest moves this stock is experiencing right at the moment.
We see the Fibonacci Extension levels, now we have the next level 261.80% of Wave 1 which is Rs. 1209.90, this is the level to which Price will come.
Currently Price has formed a Fresh Monthly Demand and this is a Trade zone with a Target derived as per the Fibo Extension.
JSW STEEL LTD - DEMAND ZONE TESTEDCan enter at CMP 823
SL - 715
Target - 890,1000+ (Short term)
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 made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
JSWSTEEL--Continuation or Reversal??This stock is trading in a bullish channel,takes the support of the trendline multiple times and moving upside.
Recently a strong break above the major resistance is observed now it is again at the same zone,
If the previous resistance push upside this rally to the topside will continue, otherwise if breaks below the trendline then have a chance of fallback to bottom levels,keep in long view as long as price is above the major resistance.
JSW STEEL 30M CHANNEL/ PARALLEL PATTERN BREAKOUTJSW STEEL Breakout happened in 30M or 1H time frame.
JSWSTEEL--Trading in Downward channel??this stock is trending downwards..
now the price is at Resistance Zone...
if it failed to break the channel it will continue its fall, and again trading in a channel
keep safe before long from here.
On bottom side we have a demand zone lies at 700 and 650 levels...look here for buy.
look for buy if price comes back to the support and look for short if price comes to resistance.
on topside we have a strong resistance area at 800 and at 840.
Trade safe...
If these ideas are helpful...give me your support and Encouragement.
Follow for more. Thank you.
BERGEPAINT 558 TGT 667(20%) SL 523 Recommended By Rachit SethiaBERGEPAINT 558
TGT 667
SL 523
Return 20%
RR >3
Time Frame
Positional Trades
Trade Idea Recommended By Rachit Sethia
Shared with 💚
JSWSTEEL--Support @740 Levels??A strong support is observed at 740 levels...
price is now at previous strong bullish area....and also this place is a strong bearish place.
This might push again price to little upside...and then have a chance of fallback....
JSW steel - long"JSW Steel has broken its all-time high today, ranging between 816 and 770. If you can get this share at any price within this range, you can consider investing in it, as it is expected to provide excellent returns in the near future."
#HINDCOPPER #HINDZINC #NIFTYMETAL #TATASTEEL #CNXMETAL #HINDALCO#HINDCOPPER
NSE:HINDCOPPER
CMP: 116.75
TP: 137 // 157
SL: 101
TF: <6m
RR > ~2.7 times
Return > ~34%
SAIL
HINDCOPPER HINDZINC NIFTYMETAL TATASTEEL CNXMETAL HINDALCO JSWSTEEL NATIONALUM JINDALSAW JINDALSTEL
Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
JSWSTEEL--Demand zone @780 level After successfully closing the bearish gap , the price has established a bullish channel, and it is currently trading within this channel. If you are considering a short position, it's advisable to exercise caution and wait for a clear break and retest of the channel's boundaries. Additionally, t here is a notable demand zone located around the 780 level , which could provide support.
Conversely, on the upside, there is a strong resistance zone at 832, which is currently acting as a significant barrier. There's a possibility that the price may face a reversal from this zone.
Therefore, it's crucial to exercise patience and avoid taking a short position until we witness a confirmed break and retest of the channel boundaries, as this will provide more clarity on the price direction.
JSWSTEELNSE:JSWSTEEL
One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
