vyas1394

Jindalsteel 1hr analysis

NSE:JINDALSTEL   JINDAL STEEL & PWR
NSE:JINDALSTEL
1hr chart of jindalstel .
Likely a retest after breakout. If we get good candlestick at the trendline retest. It will be a good risk to reward trade
Waiting for the price action at the retest.
Comment: Showing signs of taking support at the trendline retest
Comment: bullish engulfing pattern in 30min time frame. The volume is less. Planning to enter at a 5min timeframe pullback
Comment: Jindalstel is giving good move upside.
418 is my target. Will hold if target is not achieved today
Comment: exiting 80% qty at 417
Comment: exited full qty.

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