Just A View - Channel Breakout Soon - JINDALSTEL

Updated
πŸ“Š Script: JINDALSTEL
πŸ“Š Sector: Steel
πŸ“Š Industry: Steel - Sponge Iron

Key highlights: πŸ’‘βš‘

πŸ“ˆ Script is moving from it's support level (posted earlier).
πŸ“ˆ Script was trying to give upward moving channel breakout today but selling pressure came from top.

https://www.tradingview.com/x/SW7H7iuc/

πŸ“ˆ MACD is giving Crossover.
πŸ“ˆ Double Moving Averages are on urge or Crossover
πŸ“ˆ One can go for Breakout Swing Trade only above 860.
πŸ“ˆ One can take risky trade of 30 points also as breakout is above 860.

⏱️ C.M.P πŸ“‘πŸ’°- 837

⚠️ 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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Happy learning with trading. Cheers!πŸ₯‚
Trade active
Channel Breakout Done, one can go for swing trade
Chart PatternsTechnical IndicatorsJINDALSTELmacdcrossovermovingaveragecrossoverTrend Analysis

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