JINDALSTEL SHORT ENTRYSHORT Jindalsteel expected 5% return
trendline breakdown happen and retest
happy trading...
JINDALSTEL trade ideas
Jindal Steel Inverse Head And Shoulder BreakoutJindalSteel broke out of 610 level of resistance today.
Also, this looks like breakout of Inverse Head And Shoulder Pattern which is a bullish pattern.
I expect price to rise further.
Entry can be initiated at current market price or at retest of the neckline at 610.
Targets-
1. 700
2. 715
Stop loss-
Aggressive traders/ Risk taker can put stop loss below 590.
Conservative traders can put stop loss below 562
JINDALSTEL Positional upside targetsNSE:JINDALSTEL is indicating sign of reversal. As per my analysis, 532-533 is best level to take buy entry with stop loss of 505 (-28 points risk). My expected upside positional targets would be 545 (+13), 558 (+26), 569 (+37) & 580 (+48).
Note: This is my personal analysis, only to learn stock market behavior. Thanks.
jindal steel and power buy above 540jindal steel and power buy above 540 at day close tgt will 10 % its just a educational purpose
JINDALSTEL viewsThis script is trying to negotiate its future around the gray zone. If gray zone is compromised, then it can have a bearish activity in the near future.
JINDAL STEL AND POWERjindal steel and power on reversal mode. respecting levels. Doji formation indicates two to three sessions of positive run. For educational purpose only.
jindal steel had a support and crossed a rising 200 SMAIt took support. crossed a rising SMA 200. the channel is good and could touch the upper band
Jindal SteelMay fall short to 485 Levels, Targets in relation with poor momentum, low strength, poor results. For educational purpose only.
Ready breakout On a daily time frame , it is above 50 ema 200 ema with strong volumes
It is ready for breakout
JINDASTEL - Bullish Momentum with VolumesNSE: JINDALSTEL is closing with a bullish momentum candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
JINDAL STEEL - SwingThis stock actually phased up and at the resistance, it consolidated for some days and now broke the resistance again. Looking good for a swing trade.
JSPL - overbought. Long cautionJSPL has doubled since its july low. Risk reward is poor on fresh longs
Longs might want to exercise caution here. More of a long exit than shorts
For buyers, better levels should emerge with time
ALL TARGET HIT JINDAL DOUBLEDITS DOUBLED IN 8 MONTHS
This is the power of Buying at Best Level...
BUYING IN DIP
So always lear to make it big..
THE CHART IS TRANSPARENT...
U CAN GET TO KNOW THE ZONES VERY WELL...
JINDAL STEEL : Double Top Formation...Metal Sector Showing Strength in coming week. Jindal Steel on Daily TF We can see on last week made Double Pattern Formation and can make complete Triple Top Pattern formation in coming week due to Support of High Volume Momentum going strong on Daily, Weekly and Monthly Basis. Volatility increase well. So all positive factors are helps to stock for going upside.
Entry : CMP
SL : 578
Upside Move : 608,610
JINDAL STEEL NEAT & CLEAN SUPPORT ZONE Very simple chart - neat & clean.
1. Trend line Resistance- Consider double top.
2. Parallel clear Support area - Can go long 330-360 SL 320CB.
3. 280-320 IF Break than We can see big fall down side...
Inside bar + Very old Trendline supportInside bar + Very old Trendline support
Bullish
Entry: 576
Target 1 : 610
SL: 545
JINDAL STEEL : Metal Sector OutperformMetal Sector Performing well Stocks like Tata Steel, Sail, Vedl etc....Among them Jindal Steel Performing well.
On Daily TF we can see that stock took support on 578 from January and today market was highly volatile due to Budget But Stock perform well and closing with High Volume. Strong Momentum on Daily, Weekly and Monthly Basis. stock upside move can see at 630 to 650 at sl of 578.
Jindal Steel and Power 🚀🚀Go with Jindal Steel and Power as expected target 🎯 will be 641.
Note : This is just for Backtesting and Educational Purpose Only.
A BULLISH Move in Jindal SteelCurrently stock in Support & Demand Zone 1hr chart Hammer pattern high broken. CPR Says bearish view for next day. I am saying go Long because Market closes back into the market and above patterns high.
Jindal Steel For Positional TradeJindal Steel can be a good option for positional trade for tomorrow, if a 15 minute candle closes below the entry price. We can execute the trade with a bear call spread.
*strictly personal opinion, not a trade advice*
JINDALSTEL Buy for intraday tradingJINDALSTEL Buy for intraday trading if stock break the given resistence level...........
