JSWSTEEL trade ideas
JSWSTEEL - Elliott wave analysis - ABC flat correctionIt is forming ABC flat pattern, where B wave is progressing as wxy and expecting more upside before it turning down for C wave.
JSWSTEEL Breaking out of Flag and Pole Pattern! On Weekly chart
1. It has given a #breakout on weekly closing basis from a Flag and Pole #pattern
2. #RSI has been making higher lows and a breakout can be seen in RSI as well, indicating no divergence.
On Daily chart
1. Price has been taking some good support on #EMA 21 and 50
2. A good risk/reward ratio of 2.4 is being achieved from the CMP.
3. Target is based on the #Fibonacci level 1.618.
Views are personal and not a recommendation.
JSWSTEEL LONG INTRADAY 23 JUL,2021Dear trader,
If u look at the chart of JSWSTEEL (analysis based intraday only) the JSWSTEEL Buy at 720 and Target at 730
Best Buy at 716.
Our Best Buy is based on high quality research and when the instrument reaches this level , it’s a jackpot trade.
Best Buy level might be executed or might not be executed.
The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis.
In Intraday most important thing is to enter and exit points.
Our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies.
Kindly message us for strategies and analysis.
Jsw steel now at 705, target 1080Jsw steel is going to make huge upside ... accumulate in increments
flag patternafter a srong rally stock has been in consolidation and now it is ready to breakout and move upward
Jswsteel breakoutJswsteel has formed pole and flag pattern and breakout has happened and expected to go long about 5 to 10%
Since I'm a learner, please do your own analysis and let me know for any mistakes.
JSWSTEEL | Pole and Pennant | WeeklyJSWSTEEL is forming a pole and pennant pattern in the weekly time-frame. As Pole and Pennant is a continuation pattern the price will most likely break out of the upper trend line.
MACD shows starting of upside momentum.
SL : 645
Target : 770
NSE:JSWSTEEL
JSWSteeel.... Metal sector shine gone....Metal sector loosing shine and in a bear zone...
Sell on rise strategy...
Happy trading...
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