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Trade-Technique
Apr 21, 2019 6:30 AM

You can figure out what is going on JSWSTEEL with carefully. Long

NSE:JSWSTEEL1D
JSW STEEL LTDNSE

Description

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You should always have a plan in case the opposite happens since it will happen often.

  • High 3 (this can is attracting buyers/scalpers/chartist attention)
    -> High of the candle is higher than H2, and H2 is higher than H1.

  • Volume is on average as normal.
  • The trading range is tight and high trading activities and price rotation found.
  • We have found a similar candle of H3.
  • Scalper targets might be near 309 and swim traders can think for 318.5-320


The concluded: that 80% by 20% chance to move 309 and 318.5.


I'd like to give a special thank-you to @kavibharath252 who made fundamental research on JSWSTEEL and Technical Triangle on it.
Trend AnalysisBeyond Technical AnalysisJSWSTEELtradebreakoutnsenseindia
Comments
UnknownUnicorn4466383
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Fundamentals are good and enough for holding short term ...kindly refer ..your aspective
moneycontrol.com/financials/jswsteel/balance-sheetVI/JSW01
HemangiWorlikar
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@kavi_bharath, good work.
UnknownUnicorn4466383
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@kavi_bharath, sure....post u r idea about fundamentals
UnknownUnicorn4466383
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@kavi_bharath, thanks yaar
HemangiWorlikar
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@kavi_bharath, i am not capable to analyse like you and kinnari. But i ll try.
UnknownUnicorn4466383
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@HemangiWorlikar,its about learning ..you learn easily..my dear ..frnd....do your own analysis...
HemangiWorlikar
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@kavi_bharath, i am house wife, time is not suit in many case. Thought i trade, its really difficult for me. Analysis take more time, i ll try in night.
UnknownUnicorn4466383
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@HemangiWorlikar, take your free time ...to analysis....less than 1 hour enough ...try to learn thats very important
JaydevRaval
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@kavi_bharath, off course, fundamental are good for it but buyers already had their position.
UnknownUnicorn4466383
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@JaydevRaval, watch their activity ..u will enter good levels and exit with good profit my dear frnd
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