Just A View - JSWSTEEL 📊 Script: JSWSTEEL 📊 Sector: Steel 📊 Industry: Steel - Large Key highlights: 💡⚡ 📈 Script is trading near middle band of BB. 📈 MACD is giving crossover . 📈 Double Moving Averages will give crossover soon. 📈 Right now RSI is around 54. 📈 Stock is trading into narrow range which means consolidation which is highlighted into chart. 📈 Stock is trading between 794 to 845 rang. 📈 One can go for Swing Trade only above 845 level. ⏱️ C.M.P 📑💰- 845 BUY ONLY ABOVE 845 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁Longby radha_23Updated 23
jswsteel momentum strategy- US inflation still there - RS = -0.02 - RSI = 56 - supertrend = redLongby aditya_k_mukherjeePublished 1
Triple BottomSector in Bull Stock has huge consolidation it is time to get over the consolidation Just wait for closing above resistance. Follow the Stoploss and it is wise to follow such pattern in favor of trend For confirmation that stock is holding 200 MA firmly MACD is positive Side.. Longby AhmedabadTradebullsPublished 3
🤦🧪📉 Example JSW Steel - Selling on Strength Helps NSE:JSWSTEEL An Introduction to Price Action Trading Strategies helps for long-term investing as well. Here in this example of JSW steel,where would be better off selling in price action strength when stock price jump usually at a higher level The first thing I do is look at the chart and see if it has any apparent patterns. If not, then I will look at the volume profile. This tells me whether the stock is driven by fundamental news or technical factors. Exiting would have saved you 17 months of underperformance and also testing your patience. Learn the Opportunity cost your money disc: Never invested , no intention at the moment. Sharing knowledge that by Peaceful-Weekend-InvestingUpdated 2
JSWSTEEL--Drop Base Dropprice is trading in bullish channel form long time. taking the support multiple times from trendline This stock is now in consolidation we detected a drop from the upper resistance channel, after a long time consolidation price is moving upside to test this resistance, if price comes to bottom side,trendline is ready to push the price up,if failed to push the price up, then will look for short side from the topside of consolidation area. keep an eye on this stock for short side.by IIT-TraderPublished 1110
Jsw Steel Rising Wedge Pattern failed and ready for sellSell Only if comes below 800.Sl 827 and Target 767. Explained in the diagram. Trade your Own Risk.Do your own research before enter a trade. Good Luck allShortby bajajct100Updated 10
JSW STEEL Upside levelAs per my analysis, NSE:JSWSTEEL has been tested 820.55 two times which is breakout levels for 843.00. If price crossed 821, there would be high probability for target of 843.00. Note: This is my personal analysis, only to learn stock market behavior. Kindly do your own analysis before take any trade. Thanks.Longby thetradeterminalPublished 6
JSW STEEL S/R for 9/2/24Support and Resistance Levels: Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively. Support: The green line and green shade represent support levels. These levels are where the price tends to find buying interest, preventing it from falling further. Traders can consider these levels as potential buying opportunities. Resistance: The red line and red shade represent resistance levels. These levels are where the price tends to encounter selling pressure, preventing it from rising further. Traders can consider these levels as potential selling opportunities. Breakouts: If the price breaks above the resistance zone (red shade) convincingly, it may indicate a bullish breakout, and the price could move higher to the next resistance level. On the other hand, if the price breaks below the support zone (green shade) convincingly, it may indicate a bearish breakout, and the price could move lower to the next support level. Keltner Channel: The Keltner Channel is a technical indicator that uses an exponential moving average (EMA) to create an upper and lower channel around the price action. Traders can use this channel to identify potential long and short positions. Long Position: If the price is above the upper line of the Keltner Channel, it may indicate a potential long opportunity, as it suggests the price is trading above the average range and might continue in an upward trend. Short Position: If the price is below the lower line of the Keltner Channel, it may indicate a potential short opportunity, as it suggests the price is trading below the average range and might continue in a downward trend. Disclosure: I am not SEBI registered. I just wanted to let you know that the information provided here is for learning purposes only. Please consult your financial advisor before making any decisions. Tweets neither advice nor endorsement.by zenthoshPublished 1
Double bottom in JSW Steel going to break Double bottom pattern found in JSW Steel. expecting to break soon. Buy above 823. target 853. sl 794. once if you are in profit zone please put your sl in profit zone. Trade your own risk. good luck all.Longby bajajct100Updated 1
Shorting opportunity in JSWSTEELIn the context of Elliott Wave Theory, within the corrective structure of an ending triangle formation, one may consider initiating a position upon the completion of wave E, with further allocation contingent upon the breach of wave D. Wave E must not be longer than wave C in order for this strategy to maintain its validity, specifically not exceeding 839. Shortby ElliottWaveInsightsUpdated 0
JSWSTEEL--Trading in a channel??this stock is trading in a channel... keep in long side until price is in the channel.... if channel breaks and retest then look for short side....we have resistance in the zone 840-850 liquidity on topside may done above this levels and fallback. Drop base drop chance...so keep an eye on this.by IIT-TraderPublished 114
Trade and Analysis for JSW STEEL We see that Price has completed its Waves 1 and 2 and currently we have Wave 3 onn, we can consider this to be one of the strongest moves this stock is experiencing right at the moment. We see the Fibonacci Extension levels, now we have the next level 261.80% of Wave 1 which is Rs. 1209.90, this is the level to which Price will come. Currently Price has formed a Fresh Monthly Demand and this is a Trade zone with a Target derived as per the Fibo Extension. Longby WavesandZonesPublished 2
JSW STEEL LTD - DEMAND ZONE TESTEDCan enter at CMP 823 SL - 715 Target - 890,1000+ (Short term) Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍Longby Jagadheesh_JPPublished 10
JSW STEEL S/R for 5/1/24Support and Resistance Levels: Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively. Support: The green line and green shade represent support levels. These levels are where the price tends to find buying interest, preventing it from falling further. Traders can consider these levels as potential buying opportunities. Resistance: The red line and red shade represent resistance levels. These levels are where the price tends to encounter selling pressure, preventing it from rising further. Traders can consider these levels as potential selling opportunities. Breakouts: If the price breaks above the resistance zone (red shade) convincingly, it may indicate a bullish breakout, and the price could move higher to the next resistance level. On the other hand, if the price breaks below the support zone (green shade) convincingly, it may indicate a bearish breakout, and the price could move lower to the next support level. Keltner Channel: The Keltner Channel is a technical indicator that uses an exponential moving average (EMA) to create an upper and lower channel around the price action. Traders can use this channel to identify potential long and short positions. Long Position: If the price is above the upper line of the Keltner Channel, it may indicate a potential long opportunity, as it suggests the price is trading above the average range and might continue in an upward trend. Short Position: If the price is below the lower line of the Keltner Channel, it may indicate a potential short opportunity, as it suggests the price is trading below the average range and might continue in a downward trend. Disclosure: I am not SEBI registered. I just wanted to let you know that the information provided here is for learning purposes only. Please consult your financial advisor before making any decisions. Tweets neither advice nor endorsement.by zenthoshPublished 0
This idea if for JSWSTEEL Everything is on chart for swing view ENTRY AREA AND TARGETLongby DreameyexPublished 0
JSWSTEEL--Continuation or Reversal??This stock is trading in a bullish channel,takes the support of the trendline multiple times and moving upside. Recently a strong break above the major resistance is observed now it is again at the same zone, If the previous resistance push upside this rally to the topside will continue, otherwise if breaks below the trendline then have a chance of fallback to bottom levels,keep in long view as long as price is above the major resistance.by IIT-TraderPublished 2211
JSW Steel LtdThe company's diversified portfolio comprises products under hot-rolled, cold-rolled, galvanneal, galvanised/galvalume, pre-painted, tinplate, electrical steel, TMT bar, wire rod, special steel bar, round and bloom categories - Break out Inverse Head and shoulder / Ascending Triangle - GO long with stop loss as per your appetite - Targets in chart. Market Cap ₹ 1,81,292 Cr. Current Price ₹ 750 High / Low ₹ 784 / 536 Stock P/E 48.9 Book Value ₹ 272 Dividend Yield 0.47 % ROCE 8.37 % ROE 5.57 % Face Value ₹ 1.00 Promoter holding 45.4 % EPS last year ₹ 17.1 EPS latest quarter ₹ 15.2 Debt ₹ 80,853 Cr. Pledged percentage 16.4 % Net CF ₹ 6,635 Cr. Price to Cash Flow 7.77 Free Cash Flow ₹ 8,574 Cr. Debt to equity 1.23 OPM last year 11.1 % OPM 5Year 19.7 % Reserves ₹ 65,394 Cr. Price to book value 2.75 Int Coverage 1.73 PEG Ratio -4.74Longby madhu2811Updated 1116
JSW Steel - Long trade ideaOne of the best Nifty 50 stock, need no fundamental introduction. Available at immediate support, daily closing above 830 will confirm double bottom breakout and then stock will be ready for 880+ targets. I would not prefer any stop loss in JSW steel and will build positions for 3-6 months if price falls howver a daily closing below 805 could be a desent stop loss if someone wants to take short term trade.Longby sachinnagpal1982Published 1
jswsteelNSE:JSWSTEEL Trade if rading above 825 RSI> 45 Consolidating@820 Sl- 816 Target- 875+ Hold for 6 month.Longby parimalkr2000Published 0
Stock for today JSW STEEL DAILY HAMMERJSW steel , Daily Hammer on Chart, Can Go up to 870.Longby bagherwalPublished 0
JSW Steel (Swing Trade) BULLISH Jsw is currently at 826 U can Plan A Bullish Trade at (821) 1 Bullish Target 875 2:- 880 3:-890 Hold 3 WeeksLongby AdityaRajput28Published 2
JSW STEEL 30M CHANNEL/ PARALLEL PATTERN BREAKOUTJSW STEEL Breakout happened in 30M or 1H time frame.Longby mani_sekaranPublished 4