13 Years Long Breakout Happening In Jindal Steel Cmp 839 This Month Closing Above 800 Will Open For The Target Of 1550 800-48 = 752+800 = 1550 SL - 660 ( Monthly Closing Basis )
Monthly chart of Jindal Steel & Power shows high potential of a breakout from resistance level of 15 years. OBV shows massive accumulation in volumes with strong RSI levels. Can be a very good BUY opportunity above 800 for potential gains in excess of 200% in long term and 50-60% in short term. Mutual funds raised their stakes recently. Quarterly results are...
Jindal Steel looking good structure at Monthly Time Frame,, make a perfect curve & now breaking Out.. KEEP ON RADAR For Bigger Targets
JINDAL STEEL & POWER (1W TF) - Swing Trade Analysis given on 6th Feb, 2024 Pattern: RECTANGLE BOX BREAKOUT - Breakout - Done ✓ - Volume Spike at Resistance - Done ✓ - Retest & Consolidation - Done ✓ #stocks #swingtrade #chartanalysis #priceaction #traderyte #JINDALSTEL #stockmarket #sharemarket #viral #sharemarketindia #StockMarketindia #investment #stockstowatch
Sock has already concluded a complex corrective structure at 24-Jan'24 low of 688 zone and started bouncing back. This suggests that stock is likely to move towards it's resistance zone of 756-760 in the coming days. Breaking above the resistance zone will lead it towards 800-820 zone over the weeks ahead.
NSE:JINDALSTEL A solid Symmetrical triangle formed & broken out with volume. Triangles are periods of consolidation showing rangebound trading in the stock. Once a breakout occurs, there is a good move expected up to the pattern height of the pattern . SL - 720 Entry - 750 Target - 825 RR - 2.5 Disclaimer : This is NOT a Trade recommendation
tata steel ,jindal steel and power india cements are good for swing trade
Hello, traders! Today I'm focusing on a prominent player - Jindal Steel. This analysis aims to provide both newbies and seasoned traders with some fresh perspective. Let's get started! 🔎 Understanding Key Terms Before we delve into the analysis, let's clarify some crucial jargon: LTF (Lower Time Frame): This is the time frame we use to execute our...
BIG BREAKOUT COMING SOON after 700 round figure .after that mus be touch 13 years breakout level soon
Hello fellow traders! Today, we're diving into analysis of Jindal Steel, exploring some of the core concepts that every budding trader should know. 🌟 Understanding the Basics 📘 LTF: Lower Time Frame - This is a shorter time frame for analysing stocks. ITF: Intermediate Time Frame - This provides a comprehensive view of stock trends. HTF: Higher...
MAHSEAMLES is a leading manufacturer of pipes and tubes Involved in power, electricity, and other industries. Currently trading at all-time high levels. Let's dive into the technical analysis of MAHSEAMLES to identify potential breakout patterns. 📊 TECHNICAL ANALYSIS MAHSEAMLES is forming a potential breakout pattern on both daily and 75-minute charts,...
JINDALSAW after a healthy consolidation looks good to resume the uptrend and test the highs once again. SL and Target levels mentioned in the charts.
A triangle chart pattern involves price moving into a tighter and tighter range as time goes by and provides a visual display of a battle between bulls and bears. Script = Jindal Steel Time Frame = 1 Day
A bullish engulfing pattern is a candlestick pattern that forms when a small black candlestick is followed the next day by a large white candlestick , the body of which completely overlaps or engulfs the body of the previous day’s candlestick . Bullish engulfing patterns are more likely to signal reversals when they are preceded by four or more black candlesticks...
A cup and handle pattern was formed in Jindal Steel and Power. This is not a buy or sell recommendation. This chart is for educational purposes only. Please do your due diligence before taking any decision or consult your financial advisor.
a final target of 820+ after a near perfect cup and handle breakout. Negative: divergence observed. SL~ 548 on CLBS
The chart is self-explanatory. As long as the stock is trading above 585-586. chances to go to the levels of 600 are there. Only for learning and sharing purposes. not a bit of trading advice in any form. All the bwst.
#JINDALSTEEL (M):- Looking good for a 900 target with volume only above 610. JINDALSTEEL, if there is a breakout over 610 with strong volume and it breaks the 2011 Horizontal Resistance, then it will be a terrific opportunity to earn a tonne of money, so keep a watch on JINDALSTEEL.