Bearish Divergence Seen JINDAL STEEL & PWR (JSPL)Bearish Divergence Seen JINDAL STEEL & PWR (JSPL)
Buy below 579/-
Target 1: 553/-
Target 2: 526/-
JINDALSTEL trade ideas
THIS IS JINDALSTEEL IDEA FOR TRADINGAS we can see 20ema is above 50ema making higher high higher low with support of rising trend line.in 36 days this stock give almost 23% return.
educational purpose only !
Jindal steel day chart Jindal steel at ALL TIME HIGH
today it gain 9% with ahuge volume it indicates stock have much more strength now it can breaks it all time high and can make new all time high.
Multiple Confirmation in JINDAL STEEL & PVRChannel Breakout + Previous High Breakout + Inside candle pattern -1Day Time Frame
JINDALSTEEL - Long viewOnce can buy JSWSTEEL above 578.65 for a price Target of 630++ with a Stop Loss of below 514. Prices holding above 579 could give a new breakout. We also have RSI at around 64 and the prices trading above all important EMA which could support the movement of the prices. Today the stock has moved up 9% with a volume of 150,63,605.00. You can expect a pull back scenario in this counter.
JSWSTEEL is trading at a P/E ratio of 9 compared to the sector P/E ratio of 13 makes it an attractive pick.
The views presented are of the author and do not represent a trade. Kindly consult your financial advisor before investing.
JINDALSTEEL - Long viewOnce can buy JSWSTEEL above 578.65 for a price Target of 630++ with a Stop Loss of below 514. Prices holding above 579 could give a new breakout. We also have RSI at around 64 and the prices trading above all important EMA which could support the movement of the prices. Today the stock has moved up 9% with a volume of 150,63,605.00. You can expect a pull back scenario in this counter.
JSWSTEEL is trading at a P/E ratio of 9 compared to the sector P/E ratio of 13 makes it an attractive pick.
The views presented are of the author and do not represent a trade. Kindly consult your financial advisor before investing.
Jindal Steel & Power Resistance 😲Jindal steel and power price at the pervious all time high level this is resistance. And 490 is the support
Sell on Supply Level and triangle pattern breakoutJindal steel sell reversed from supply level and broken triangle pattern, it is good sell on retrace to reach the target given below
let' see...
Happy Trading.
JINDALSTEL 60MJindal steel looks ripe for a mild correction before further rally to upside.
In 60M time frame, tgt of 500 looks pretty likely this week
JINDAL STEEL & PWR Cup and Handle Pattern Formation Breakout*JINDAL STEEL & PWR*
Time Frame: Daily
Observation:
* Cup and Handle Pattern Formation Breakout
* Swing High Break
* Mean (EMA) Diversion
Resistance/Target: 468 504 549
Support: 417 405
Buy view for Jindalstel for tomorrowUpside view for Jindalstel for tomorrow...
Above 445 more chance...
Please follow strict risk reward and stop loss...
Thanks,
V Trade Point
JINDAL STEEL & POWER - Multiple Indicators 📊 Script: JINDALSTEL (JINDAL STEEL & POWER LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY 500, NIFTY METAL, NIFTY MIDCAP
📊 Sector: Commodities, Metals & Mining
📊 Industry: Ferrous Metals, Iron & Steel
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 MACD is giving crossover .
📈 Already Crossover in Double Moving Averages.
📈 In weekly time frame MACD is giving crossover.
📈 Current RSI is around 68.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 433.35
🟢 Target 🎯🏆 - 473
⚠️ Stoploss ☠️🚫 - 415
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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JSPL -1hr-trendline broken to downside. Sell rips towards lineThe move from around 370 ended with sharp intra day decline today with a trendline break of the move from around 372. Longs need to be cautious here. Bounces will be shorting opportunities
JSPL - deep 5th. Corrective aheadJSPL has rallied around 35% since the lows in late june
Looks like into deep 5th territory of some degree. 5th maybe done or at the most one leg higher I think
Shorts may be tried here for a pullback soon. SL would depend on entry point and where it opens tmw
Jindhal Steel & PowerJindhal Steel & Power Double Confirmation HH,LL, & Harmonic Pattern.
Disc: Only for learning purpose not a trading Recommendation.
Jindal Steel and Power - JindalstelJindal Steel and Power to touch 250/-
This is my opinion and not a recommendation to buy or sell.
Jindal steel good to buy at 365Jindal Steel - cmp 365 Looks good for targets of 380 and 400++ .Good support area placed at 355-345 zones !! Please apply DD before taking any investment decision
jindalsteel head&shoulder shortJindal steel formed head &shoulder pattern. use it for your trade wisely.
