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!! Longby TradeSharkHedgeUpdated 1
JSWSTEEL (NSE) - Elliott wave analysisWelcome guys, CycleWave is the top author sharing trade ideas based on EW analysis since last five months on the global stocks, currency pairs, cryptos, future indices and commodities. You can follow us to get more trade ideas/analysis. 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. Give thumbs up if you really like the trade idea. Longby EWFcwPublished 111
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 Shortby PriceActionTradervsaPublished 2
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.Educationby HAMSARATHNAPublished 1
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.Longby PriceVolumeRiderPublished 0
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........by Hari_krishnan_S_KumarPublished 3
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.Longby muniraj1964Updated 0
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 by AbsShk999Published 2
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.Educationby HAMSARATHNAPublished 110
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 Shortby Trade_with_yashPublished 1
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 279.5by Chetan_Kumar_AnjanPublished 5
JSWSTEEL on WATCHLISTResistance at 200 EMA and 50% retracement. Could be a good by for short term if breaksout.Longby RituJ213Updated 2
JSW-Count changed from the 5 wave to a,b,and C we are in C wave. Market Commentary: LEARNING ELLIOTT WAVES IS LITTLE BIT TOUGH (FOR ME IN BEGINNING) BUT I TOOK IT AS A CHALLENGE AND THAT IS NOT IMPOSSIBLE ALSO... First have an look for the positional trend i shared here previous....if you are a follower of me...and sometimes i will share the counter trend trade also in 15 mins and 1hr...but that is risky ones...so if the trend is bearish or bullish, if i am expecting the correction...book the profit there and wait the correction to end and again go with the trend....DONT TRADE THE COUNTER TRADE SETUP...you will took loss too...try to identify the short term pull back and the long term pull back after that took small lots in the short term PB with strict stop and go with big lots in the trend side that is long term. I WONT TOOK ALL THE TRADE PLAN SHARED HERE... Read the market commentary inside the chart what i shared here carefully and try to learn Elliott waves...otherwise its tough to understand the market commentary and my analysis. I wont give a entry, stop loss and take profit in my chart...it is only for EDUCATIONAL PURPOSE and i am sharing how i am analyzing the pair and labeling them according to the Elliott wave theory...I AM JUST SHOWING THE TREND HOW IT MAY GO AND MY VIEW(it may wrong too)..so DON'T FOLLOW BLINDLY MY CHART..take this as a reference and if it correlate to you strategy took the trade as per your strategy...DON'T ASK ABOUT YOUR RUNNING TRADES i wont comment on them and I WONT SUGGEST TO TAKE MY TRADE SETUP. My style of trading is different from others and I WONT PLACE A STOP...but ALL MY TRADES ARE UNDER MONEY MANAGEMENT ACCORDING TO MY ACCOUNT SIZE...i wont close the trades even in the BIG NEWS EVENTS OR SCHEDULED NEWS TOO...i am technical analyst based on trendline, channel, fib retracements, expansion, stochastic for divergence, EMA's and MA's are finding the pull backs and MAJOR IS ELLIOTT WAVES...those mentioned past are using as a TOOLS only. I am not a fundamental, sentimental trader...but only the fundamental will boost my technical analysis to reach my target or sometimes it will go against me and then i will manage the trade according to the Elliott waves alternate views... Each and every trade plan i am sharing here has a alternate view and i am sharing only the most probabilities(70-80%) here...sometimes the other (20-30%) may market do..then i will change the wave counts and labeling according to the price action. All labeling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So dont bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS by nmkvijayPublished 4
JSW@ overbought zoneJSW steel is trading in overbought zone. Can see a sharp pull back as today's move it looked like distribution of shares. if it breaks 250 level convincingly then will see good fall. Levels marked on the chart. Disclaimer: Views published are educational any trade taken is at sole individual riskShortby jeetudixitPublished 0
JSWSTEELNSE:JSWSTEEL IT IS ABOUT TO BREAK THE MARCH LEVELS OF 240 AND CROSS THE RESISTANCE IF IT DOES GET READY FOR A RIDE OF 248 AND 257 IF IT REVERSES THE DOWNSIDE LEVELS ARE 231 & 225 ****************************************************************************************************************************************************************** Hi all, Its pleasure to have you all here. I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side. Few Honest Disclosures: 1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please do your bit of research. 2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all. 3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity. 4. To trade in Cash, options or futures is your sole choice and your own risk 5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results. 6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts. ***********************************************************************************************************************************************by akkshay11Updated 551
JSWSTEEL buy with this target see beautiful support and manage your risk JSWSTEEL #JSWSTEEL Longby toedermalUpdated 2
long JSWlong term play....base metals cycle in momentum now let us where we will end up..Longby dsureshPublished 0
R-0140 GO LONG IN JSW STEEL @233-234 SL 227 TGT 245Above VWAP + TK coss over at 223 + MACD cross over => Momentum may continues so go long.Longby brainmassfinancePublished 1