Jindal steel analysisDaily BO + Volume is supporting.
BO > Retest > Entry > Good RR > Gap Fill sooner.
Jindalsawstrategy
Jindal steel analysisPerfect Descending Triangle pattern formed.
I am bullish.
Sooner Gap will be filled @ 325.15.
Will add more if it sustain above 325 till 339 achieved.
Else I m ready to take hit on this.
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
