The stock has come down to the support area as shown on the charts. May reverse from here itself or may come down to even 600 levels. Keep tracking for a comfortable entry so that your stop-loss should be humble.
We should learn to hunt like a tiger. Show extreme patience. Take time to identify the trade to make a perfect entry. So that our target may not...
The stock has taken support at the shown trendline third time in the last year. If bounces back again, it can be a good opportunity with a good risk-reward setup.
If goes bullish, humble targets may be 2350/2470. Sustaining below 2130 will weaken the strength.
Only for learning and sharing purposes, not a bit of trading advice in any form.
All the best.
The chart shows that the stock is trading in a triangular pattern for the last few days. Also, a rising parallel channel is formed in recent times.
Considering the price of 102-100 as the last support, we can anticipate an upside move up to 135 around.
Only for learning and sharing purposes, not a bit of trading advice in any form.
All the best.
The chart shows that the stock has crossed the year-long resistances and continuously going forward.
At this level risk-reward ratio is fine for a long entry if thinking of a positional setup.
Buying range is from the current price to as near as 1180.
Sustaining below 1160 will show weakness in the idea.
Targets may be 1390/1510.
Only for learning and sharing...
JSW STEEL gave breakout of symmetrical triangle on daily time frame and re tested the level also, there are 3 targets for JSW for 5-6 months.
trade as per your setup and price action.
All levels are mentioned on the charts.
The stock has already bounced back from three different trendline supports.
only for learning and sharing purposes, not a bit of trading advice.
Follow your risk management in each and every trade.
All the best.
