upward jindal steel key levels in jindal steel 234 to 260 it has already turned into positive NSE:JINDALSTEL
JINDALSTEL trade ideas
Jindal Steel DowntrendMoving above current resistance at 236.2 and 237.5 would take it to test the red line.
I'll short at the red line keeping stop loss right on the line
I'll long above the red line with stop loss - 235
Jindal Steel 25.01.2018 Jindal Steel
Daily Chart formed Ascending Broadening wedge
If Price break Support slope line
Selling Target will be 180
BUY Jindal Steel Long term Target 300-500 BUY Jindal Steel Long term Target 300-500
Down Trend Completed,
Trend line also Broken out &
Price trading above 52 days MA
Jindal Steel Is Looking Bearish. But "Conditions Apply"Jindal Steel & Power Limited (NSE: JINDALSTEL) is giving solid signs of Loss Of Buyer's Momentum as per TTC Breakout Formation . Right Now it is at a Critical Make-Or-Break Zone around 153 . If it breaks decisively below this zone (on 1-hour closing basis), we may see sellers gaining control over the buyers.
For Short-term targets, Trader should eye on 148 Zone . Then 141 and 133 are the next support. For Swing Traders, 121 Zone is Very Critical. Below which we can see a good amount of selling.
Tata Steel Limited (formerly Tata Iron and Steel Company Limited (TISCO)) is an Indian multinational steel-making company headquartered in Mumbai, Maharashtra, India, and a subsidiary of the Tata Group.
Jindal Steel Is Looking Bearish. But "Conditions Apply"Jindal Steel & Power Limited (NSE: JINDALSTEL) is giving solid signs of Loss Of Buyer's Momentum as per TTC Breakout Formation . Right Now it is at a Critical Make-Or-Break Zone around 159 . If it breaks decisively below this zone (on 1-hour closing basis), we may see sellers gaining control over the buyers.
For Short-term targets, Trader should eye on 153 Zone . Then 148 and 141 are the next support. For Swing Traders, 121 Zone is Very Critical. Below which we can see a good amount of selling.
Tata Steel Limited (formerly Tata Iron and Steel Company Limited (TISCO)) is an Indian multinational steel-making company headquartered in Mumbai, Maharashtra, India, and a subsidiary of the Tata Group.
Jindalstel 130,140 Buy for target 130,140
Jindalstel 130CE Jackpot Confirm Call h Don't Miss Target 10,15
Has Jindal Steel Bottomed? On Weekly chart seeing the Positive divergence on RSI and huge Volume activity suggests its time to go long.
