Can it be shorted when its low is breached? Red line breach may take it further down. If metal melts tomorrow, then it would a good shorting opportunity. Let's see what happens.
AS YOU CAN SEE IT HAS FORMED BULL FLAG PATTERN AND ALSO IT HAS BOUNCED BACK FROM FIBONACCI`S 50 % LEVEL WHICH IS VERY GOOD THING TARGET FOR LONG IS GIVEN GOOD LUCK NOTE: TRADE AT YOUR OWN RISK
Finally it break upside trend line, As per price action we except continuous up side till 191 range. Short term break out target at 191. NSE:JINDALSTEL
JSPL has not touched the weekly high/low levels this week. Today, Friday it is expected to touch 108 levels on the upside or 96.25 on the low side.
JINDALSTEL (Jindal Steel & Power Limited) SELL BELOW 103
JINDAL STEEL (Jindal Steel & Power Limited) SELL BELOW 91.25
The price is clear in downtrend and forming lower lows. Volumes are increased at the bottom and RSI is trading above the Oversold mark. Those who want to prefer an entry at the lower level could try a long here with the recent low as Stop Loss. One can look for a 10-12% retracement move from here. Disclaimer : All ideas are my personnel view. Please take financial...
NSE:JINDALSTEL forming inverted flag short at 135.7 136 sl 137.4 T 135 132 128
JINDAL STEEL (Jindal Steel & Power Limited) SELL BELOW 135
JINDALSTEEL (JINDAL STEEL) BUY ABOVE 149
Moving towards up with 130 support level and bull track starts @ Jindal Steel & power in two categories. * Long for short term traders : Present market to 152 range target (6%) * Long for long term investors: Partial buys, with present market and buy stop level (159). For both levels 188 is target range (30%) * Crucial range : 152 to 158 will be the...
Intraday trade with trade plan as mentioned
JINDALSTEEL Opening 164.25 high 165.15 low 161.85 TODAY IS BEARISH TREND WE CAN SELL BELOW 161.75 WITH THE STOP LOSS OF 165.55 YOU CAN SET THE TARGET 159 BELOW
i am new but i have seen it before and after many times of success in jindal steel and power i am posting this. This is only for educational purpise thnak you and suggestions are welcomed