JINDALSAW - Ichimoku Bullish Breakout Stock Name - Jindal Saw Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 214
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
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Jindalsawlong
JINDALSTEEL ON LONG RUN ENTER ONLY ABOVE THE BREAKOUTBuy once weekly candle close price above 187, target of 283 on medium term for 2-3 mths...
Jindal Saw on the Bull rollNSE:JINDALSAW
1.maintaining the long tendline support and also the median pink line of the pitchfork
2.Bullish reverse divergence on RSi
3.Red levels mark the weekly resistances, blue is the pivot and green level is the resistnce
4.the last time the bullish divergence fuelled the price upwards to be halted by the blue 618line of the pitchfork, likely to be repeated
5.will form a double top in the after match, or a future head and shoulder
6.the take profit level is said to be the traditional resistance level, with the blue resistance 618 line of the pitchfork and also the 786reversal level of the abc fibo trendline...
.the pitchfork is shown here in a macroscopic way.
.https://in.tradingview.com/x/bMiTpPkc/
Disclaimer... this is not an investing/trading advice, do your own analysis
