JSPL Pinbar at Weekly Resistance.Time to go down. GO GO GO!!!It is time to sell when you see a hammer candle (inverted) at weekly resistance.
Jindalsteel
Jindal steel analysisDaily BO + Volume is supporting.
BO > Retest > Entry > Good RR > Gap Fill sooner.
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.
PDSL updated chart !!NSE:PDSL
#NSE:PDSL view shared on our members request, check out the charts now.
If you find any stock looks good and need my view, you can always share your idea with chart and your reason to me, will reply asap.
Kindly use trading view chart for explaning your idea.
Happy LEarning !!
#jindalsteel #jindalstl Swing Trade OpportunityNSE:JINDALSTEL
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns.
📌 That Dash Line Is Called PRZ, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone).
(PRZ :- Potential Reversal Zone, SL :- Stop Loss, TF :- Time Frame)
PRZ 1 :- 364.20
SL :- 313.80 (Closing Basis)
Target 1:- 391
Target 2:- 410
Target 3:- 428 and more Trailing basis
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
Jindal Steel & Power Analysis !!📈 Jindal Steel & Power 📉
Today broke out from a Resistance Zone which is high year 2021 on closing basis.
On Buy Side I am looking for Targets of 646, 751 towards all time high
StopLoss should be kept in 445-450 zone.
It offers 1:5 Risk To Reward.
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
JSW steel long JSW steel after huge rally now market is consolidating. we can go for long for short term with small stop loss
Jindalstel @ 530 is preparing for breakout again target 550Jindalstel @ 530 is looking good for fresh breakout, buying range would be 520-530 and target 540/550
SAIL shared yesterday and Blasted !! marked further levels.NSE:SAIL
#NSE:SAIL shared yesterday and blasted with 3% more than 11k Bagged Appx !!
Further potential levels marked !!
Happy LEarning !!
SAIL formed Ascending triangle !!NSE:SAIL
#NSE:SAIL formed ascending triangle, BD may give good bearish momentum.
Happy LEarning !!
Jindal Steel & Power ready for the uptrend!🤩💸🔥Buy Jindal Steel & Power for Positional Trading as well as Investment.💸🔥💸
Comment your views‼️😄
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✔️ Technically & Fundamentally Strong💪💪
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💎@technofunda_trader
Few Important rules from my Trading Philosophy:
1. Don't compromise on the quality of stock.
2. Buy right, Sit tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar issues.
3. Don't invest more than 5-7% in any stock & more than 25% in any particular or related sector. If stock is risky don't invest more than 2-3%.
4. Build position gradually as the stock rises.
5. Trade in the direction of the bigger trend.
6. Ride the trend, don't sell your winners early.
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Like, Comment & Share 😄😄😄
Jindalsteel stock for #intradayJindalsteel week below 524
on 15 Min timeframe jindal steel week below524
Jindal steelCan go long, range break out + secotor look super strong , can easily achieve the given target in short term.
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalJINDAL STEEL & POWER
Chart in uptrend and broke important resistance level of 350
Stock after breakout consolidating in a range & bounced from 61% fib level
Also Flag pattern formation on chart
if sustains above 500 then we can buy for short term trade with sl below 450 DCB
target 600, 750
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
NOTE:
In case of Gapup or Gap down then avoid setup
Do your own analysis before taking trade
Above levels are for education purpose only
Flag and Pole breakout in Jindal SteelCHART -> JINDALSTEEL WEEKLY SETUP
As seen per the chart, Flag and Pole breakout in Jindal Steel.
First hurdle is to cross all time high of 501, so that will be our first target. Next target should be around 750. Since it is a weekly chart time period is 3 months to 1 year. Stoploss should be at 375 on weekly closing basis.
Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.
Jindal Steelhigh : 10/05/2021 : 501.70
low : 03/04/2020 : 62.00
75 % : 391.77
50% : 281.85
25% : 171.92
SHORT JINDALSTEELThere is harmonics from where jindal steel can reverse. rest all thing mentioned on chart. kindly refer chart. thanking you.
Jindal Steel and Power Massive breakoutA massive breakout rally should begin in Jindal Steel and Power soon. It is a triangle pattern breakout and even horizontal trendlines are broken. Keep a strict stop loss at Rs.420 for targets of Rs.500-545-605 in the short to medium term. A decisive and strict stop loss is necessary in metal stocks as they tend to reverse sharply and are very cyclical in nature. Please do follow your stop losses.
JSPL Triangle & weekly flag BONSE:JINDALSTEL
can add around 440-445
avg can be done near 365
SL closing below 335
T 480, 530, 600++
Jindal Steel & Power gaining some POWERAfter testing our nerves of steel, the stock is gaining power. A good risk-reward above resistance.
Jindal Steel forming a double bottom.Jindal Steel is forming a double bottom on a trend line, on daily time frame. It is a good sign of reversal as it was in a down trend. Go long after a bullish breakout of the upper horizontal line (411 Rs), place a logical stop-loss and targets.
