JSWSTEEL ANALYSISRising Wedge Pattern
Resistance Zone: 675-678
Upside Target: 688-690
Support Zone: 657-660
Downside Target: 618-620
JSWSTEEL trade ideas
JSW STEEL BUY FOR INTRADAY TRADINGJSW STEEL BUY FOR INTRADAY TRADING if stock and METAL Sector also strong.............
tata steel weekly chart.. patternwait for breakout on weekly chart... target for long term NSE:TATASTEEL
JSW elliot wave analysisJSW steel is near the end of double flat correction,if correction completes here there is a huge upside coming within a week,if correction didnt complete we may have another flat to complete tripple flat correction.it may take another 3 months.
JSW STEEL SELLJSW STEEL SELL for day trading if METAL sector also weak then we will enter in trade.......
JSWSTEELJSWSTEEL breaking out of 4 months of multiple times rejected resistance zone with good volumes
Could be bought with said stopliss & targets.
jsw ready to fly if today close above 700 levels then buy for target of 725 and 760 as shown in chart
JSWSTEEL - potential bullish setupNSE:JSWSTEEL is in ttm squeeze from past 22 weeks and it's making a high probability bullish setup.
1) All moving averages are stacked up.
2) Volume has decreased over time while the price retraced from the high.
3) VZO is showing sudden spike in recent candles and volume is also increasing gradually.
4) Price is getting rejected from 34 EMA and showing more buying pressure.
Because of above reasons, I think that there's a higher chances of squeeze firing upside.
Buy Jswsteel above 698 stop loss 644 target 732 , 793Jswsteel price is trying to get above the range since long time . some steel stock are making LTH . so one can expect good run in the jswsteel also. charts structure is also favors the same . buy only above the price 698 and keep strict stop loss
JSW Steel ReversalThe stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed near resistance.
JSW STEEL BUyJSW STEEL BUy for day trading if stock break the support then we will enter in trade.....
Breakout and Retest in JSW STEELThere is a breakout and retest in JSW STEEL. Please add this stock to your watch list. Lets wait for a bullish candle on Monday before taking the trade. Entry above 680 should be good.
DISCLAIMER: The ideas are only for educational purposes and not buy/sell recommendation. I am NOT SEBI registered.
JSWSTEEL 1D TFJSWSTEEL breaking the trendline. Good to enter with some quantity at this point. Some quantity can be further added if it retests the trendline.
R:R :- 1:2 Approx.
Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
JSW elliot wave analysisJSW steel is getting ready for a new bull run it completed the flat and zigzag double combination correction.
JSW STEEL BULLISH PENNANTHello traders,
The last two analysed stocks MOTHERSUMI and TCS have hit their target so you can book or trail.
The stock I have got for you today is jswsteel, it's trying to give a breakout at the time I am writing this idea.
It's breaking the counter-trendline which has been the resistance for 3 nodal touches, and it has also made a Bullish Pennant on weekly timeframe.
Buy above closing - 682
Targets mentioned in the chart above.
RSI is in bullish zone
MACD is Bullish
Pattern is on Daily as well as weekly timeframe.
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Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
JSWSTEELJswsteel made cup & handle pattern on hourly charts.
could b bought above 675 sloss bottom of handle & tgt 695/710 & 730
wave analysis of JSW STEELi have tried to apply wave principle theory to the stock of JSW STEEL. this is only for educational purposes. investment in securities is subject to ones own risk. take care enjoy.
