LONG SWING TRADE IN JINDAL STEEL NOVEMBER FUTURES STRONG DEMAND ZONES STRONG SUPPORT LEVELS BUY@167.5 STOP@157.5 TARGET@187.5 LOT:2250 QTY:1
when the trendline is broken..buy when it has retested the trendline .keep your stops below the demand zone. Target mentioned in the chart
JINDALSTEL break previous trend line keep watch Pullback. If Do not break Up Enter the trade
After 3 contractions over a period of almost 3 months , price is up above the resistance zone which was also coinciding with the price around 200 MA. EPS has also increased for the past 4 quarters.
Jindal Steel has given a breakout and any close above 234 for 238-241-245.
Long Jindalsteel
Details on chart.
It is wait and short. Jindal steel looks weak. I recommend to see level break @196. So short levels are 196.194. Target will be 178-175. Stop Loss 201. For aggressive traders.... you can short at current levels of 200-203 with stop loss of 207. The daily ichimoku resistance on the slower line is 205 which i believe will not break.
If 260 is broken to the upside then can go to new highs. Immediate stop and target plotted.
Jindal Steel Looks very strong on the weekly chart. Consolidating at the moment and also near bottom area of consolidation. If there is a bullish breakout then it will complete the handle of Cup & Handle Formation at 294. And above 294 the momentum of Cup & Handle breakout will push its price to 350-380 region. DISCLAIMER: I AM NOT SEBI REGISTERED. CHART...
Based on my PredictiveSystem's signals, its going to be a GREEN candle on 07-Jun-2018 for JINDALSTEL Buy Above: 235.5 for targets - T1: 237.3 T2: 238.3 T3: 239.4 SL: 233.6 Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before...
Short JINDALSTEL belwo 169 T1: 164 T2: 160 SL: 174
H&S Break out in the past Weeks and a confirmed uptrend & price cross over. Now headed towards Golden cross over
Jindal stel has a breakout of inverted head and shoulder pattern. it retraced to support and bounced back. A long at this point seems safe. keep SL on 125
It has been observed that JINDALSTEL is double top break down, indicators are negative watch near retest, it can reach the target of 100 stop loss 119
Jindal Steel has been trading uptrend and has retraced up to 38% of fibolevel we may see the stock to upward from this level up to 192 in short term.
Jindal Steel's steep rising seems to be fading, it closed today forming a shooting star pattern confirming retracement. the stock may retrace up to 117 in coming days.