JSWSTEEL trade ideas
JSWSTEEL - Elliott wave analysis - Buy on dipJSWSTEEL - It is in impulse cycle from major bottom and extending the gain in 5th wave up. Buy in pull back near 312-08 zone with stop loss below 298.40 for target above 332 or higher.
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JSWSTEEL - Range BreakoutJWSTEEL CMP – 311.05
Range breakout and looking bullish. One can go for Intraday / Swing trade Setup with the following entry, exit & targets
Buy Only above 315 - 316 / Stop Loss 305
Target 1 - 320
Target 2 - 325
Target 3 – 330
Short Term 345
Note: This is my view and for educational purpose only
JSWSteel - Buy Idea - 16.10For tomorrow we will look to
- Buy around 295 (Look for sign of breakout)
Target:301/SL: 293/RR: 1:3
JSW-pattern formation complete? Are we looking for a breakout !!Been a consistent run from the lows of 200 to 290, a whooping 40% return. Heading to the key level of 300. A breakout on the cards?
Keep an eye!!
JSWSTEEL (NSE) - Elliott wave analysisWelcome guys,
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JSWSTEEL (NSE) - It is in up trend and might be in impulse too. The current price action is seems either ABC zigzag or impulse 5th of 5th wave up. So buy in pull back around 268-70 zone for higher price above 290-95 or may be even new high. Stay in trend with stops below 257 as stop loss.
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JSWSTEEL 1HR BEARISH Shark
price need to follow Green Trend line & hit target
If price Breaks Red Trend line is where EXIT before SL hits
POTENTIAL SELL
JSW DOUBLE TOP HOT CAKE.JSW DOUBLE TOP HOT CAKE FOR TEMPORARY MOVEMENT.
SEE ALL MY PUBLICATION, IF IT SEEMS TO GIVE BOTH KNOWLEDGE AND PROFIT, THEN LIKE, SUBSCRIBE AND SHARE WITH YOUR NEAR AND DEARS.
JSW steel looks bullish for swing traders.NSE:JSWSTEEL
JSW steel on 1H chart still in good up trend.
After making Higher Low its trying move up again and if we are in a right trend then we definitely see the new Higher High in this counter.
I personally prefer to buy JSWSTEEL above 292 by maintaining SL at 278.
Trade Setup - JSW STEEL Hi Traders,
We saw a good sell off in the indian markets, the jsw steel chart seems very attractive for us. The price is still in an uptrend as per the 4h and daily timeframe. We have the goldenzone between 282.15 and 278.90. The price has tested the golden zone and closed above this level. We have immediate resistance at 285.40 and 289.40. A good and safe trade setup can be when the price breaks the trendline and the resistance at 285.40.
A buy entry can be placed when price retest the broken resistance, and the target can be placed at the next immediate resistance.
For queries pls comment below.
Pls like the idea to show support.
Happy trading........
12 @BUY AT -289 , S L - 267 . T P - 317 (MY STRATEGY BUY SIGNALLong term survival is a more important thing to consider in trading than short term profitability.
JSW STELL FLAG PATTERN SEEN IN HOURLY CHARTAFTER A GOOD RALLY IN JSW STEEL STARTED SIDEWAYS TRADING.
RESISTANCE IS PLACED AT 287
SUPPORT IS PLACED AT 280
JSW STEEL : 24 AUG 20 :JSW STEEL : 24 AUG 20 :
IF THIS CROSSES BELOW MIDDLE BOLLINGER BAND THEN EXPECT BEARISH ATLEAST FOR SHORT TIME.
MY SPECIAL THANKS TO ONE OF MY GURU TRADING PANTHULU.
SRI GURUBHYO NAMAHA.
JSW Steel ltd from 21 August 2020The stock has been continuously going up for some time in an aggressive manner and has reached the previous high (supply zone) ...
. Shooting star pattern has been formed though the upward wick is small
Expecting a healthy retracement till 240 level when crosses 270 mark while going down
Trading Strategy:
Safe : sell PE above 290 at good cost ... AUG and SEP month --> strategy with breakever above 300 is safest
Heart of Steel:
when crosses 270 level ; buy 240 PE and Sell 270 CE ---> collect premium and exit at good profit
use calendar spread with different month expiry to get good profit
MFI is in overbought zone for some time expecting it to cool down now
Buyers are not Interested anymore in JSW steel ?We saw a good rally these many days. Lets see if Buyers are really interested to buy the steel stocks in Overbought zone or we will see a big dip in steel ?
At major support, Short below 279.5
JSWSTEEL on WATCHLISTResistance at 200 EMA and 50% retracement. Could be a good by for short term if breaksout.
