champtrade111

JINDAL STEEL & POWER --- INTRADAY SETUP -- 13/05/2022

Long
champtrade111 Updated   
NSE:JINDALSTEL   JINDAL STEEL & PWR
JINDAL STEEL & POWER -- 15 MIN CHART -- INTRADAY SETUP

1. Stock seen oversold at daily chart

2. lower channel breakout seen above 463.50 stock currently trading at 461 level

3. BUY at breakout level above 463.50

4. wave trend seen moveing upword direction

5. double bottom support seen as trend reversal signal

6. above 200 SMA daily chart


BUY JINDAL STEEL intraday above 563.50

TARGET 468-470-472

stop loss 450

** THIS IDEA IS FOR EDUCATIONAL PURPOSE ** trade at own risk. !

HAPPY TRADING !!

Comment:
JINDAL STEEL INTRADY TARGET RAISED TO 475

9.10 AM -- 13/05/2022
Comment:
BUY AT RETRENCHMENT 468-470
Comment:
JINDAL STEEL TARGET RAISED TO 480 9.18 AM --13/05/2022
Comment:
TARGET 475-478 HIT !
Comment:
JINDAL STEEL & POWER FINAL INTRADAY TARGET 480 SHOOT ...11.25 AM --13/05/2022

HAPPY TRADING . !!
Trade closed: target reached
Comment:
About intraday today. !!
TRADE successful buy level 468 sell at 478 , overall successful exit with good profit !
after booking profit stock fall inline with nifty & close bellow previous close in red.

learning of day : intraday action should be very quick for entry and exit . !
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