JINDALSTEL - Swing CandidateJINDALSTEL
Buy-Above 409
Sl-370
T-457.55 480+
The stock is ready for a momentum above 409.
Jindalsteel
NSE:WIPRO 2.5 % baggedNSE:WIPRO
NSE:NATIONALUM
NSE:JINDALSTEL
NSE:IDEA
#NSE:WIPRO gain 2.5 % today shared 80 CE @ 13.8 reached 20.6 till now 50% ROI bagged !!
few other stocks shared !!
#JINDALSTEL 37 CE
#NATIONALUM 95 CE
#IDEA 14 CE
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Flag and pole pattern?CHART -> JINDAL STEEL & PWR WEEKLY SETUP
Looks like JINDAL STEEL & PWR is trading under a flag and pole pattern in the weekly time frame. Any weekly close, either break out above or break down below, of the flag's trendlines should guide further path of the stock.
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 SteelSwing Trade Buy Jindal Steel Cmp - 391 ; Tgt - 450 ; SL - 360 ; More Analysis Follow Me And Like and share
jindal steel very long termit is respecting well the bullish flag pattern and as it is now bouncing off lower line of flag minimum target is 423 and once monthly candle closes above upper line of flag , target for long term will be 845
good luck
Jindal Steel Long Trade (Buy)Jindal Steel was in down trend from a few days, but recently it formed a Doji candle with lower price rejection. And today it formed a bullish candle, these candlestick patterns indicate there could be a trend reversal. It is also taking support from 200 EMA of daily time frame. You can go long once it closes above 386/387 . It will be a good swing trade. Place logical stop-loss (Suggested : Below EMA 200 1D timeframe).
JINDAL STEEL & POWER(SHORT TERM BOUNCE)JINDAL STEEL & POWER:
Few key points to note:
- Near the support & resistance trend line
- At golden ratio of prior trend.
- Waves counting are mentioned
- Recently tested 200 EMA
I expect a small bounce from this point for 420-430-447, but we don’t have any reversal signal yet. Once a bullish candle is formed at this level, we can long for the mentioned targets.
However for long term (1 YEAR & ABOVE) I am not bullish on this stock at this point of time because few important parameters are not met.
CHART & ANALYSIS – ADARSH DEY
JSL Channel Movement…From few weeks JSL’s movement is following a rising channel. I believe it will continue for few days and show drastic change whenever it will…
Keep an eye on it for quite a few days and gain maximum profit when it indicates change.
NSE:JSL
Jindal Steel & Pwr futuresJindal Steel & Pwr futures
CMP:- 403.35
Trading SL below:- 379.00
Target above:- 472.00
Daily chart shows a clear Bullish Harami Candle which is considered to be a strong bullish reversal signal.
JINDAL STEEL : Anticipation of 5th wave (Dhanteras pick)The current structure suggests that after the completion of larger degree 4th wave correction , Jindal steel is rising in its 5th wave progression of impulsive move 12345. Of which we have seen a lower degree impulse wave consisting of 5-waves & post that we have also seen a three wave correction as ABC with C as an ending diagonal on lower time frame. As per the current structure one should go long on current levels with SL of 400 & look for the upside targets of 450/500/550/600.
NOTE: if the SL reached then that should be not taken as bearish event. This idea holds good as long as the level of 350 level is maintained.
JSL - Rounding Bottom NSE:JSL
JSL - Rounding Bottom formation with breakout a retest.
Target - 230
Stop Loss - 160
NSE:JSL BONSE:JSL
#JSL BO the long waited trend line with good volumes.
Good above 198.
Happy Trading !!
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JINDALSTELJINDALSTEL me ( inverse head and shoulders pattern ) type se bana hua hai aaj jase hi up market opne hota hao to bue jana hai
Intraday trade, go long after a good breakout of the zone. There is pattern in JINDALSTEL , which indicates accumulation rally and then accumulation this is a good sign of up-trending stocks . Let the price break the zone with good volume you can go long for intraday. Place a stop-loss slightly below the zone . Note : The other thing can happen too, if the price breaks the zone downwards with a domination of sellers you can plan for a short trade . But it is suggested to buy as per the current market conditions/trend .
JINDALSTEL - Bullish BreakoutThe stock has broken out of the pattern, and is likely to continue its upward trend.
Considering the current state, the trade can be initiated with a strict stop loss of 400 for targets of 427, 447 and 501.
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( Swing ) ---Tatasteel----- Triangle Pattern BO Swing Analysis
BUY @ 1303
target @ 1367 & 1392
SL 1285 very small
Breakout & Retested
Jindal Steel - Trendline Breakout => Breakout the major resistance trendline and closed strongly
=> looking at the rise of volumes confirms it's under bulls control
=> multiple support resistance seen near 430-461, can struggle a bit a over there.
=> levels are marked on the chart, SL - closing below trendline.
Disclaimer => This is only for educational purpose only, Trading involves Substantial risk of loss, pls consult your financial advisor before investing
JINDALSTEL - Fresh UpmoveJINDALSTEL is following its Weekly Trendline from Covid Lows. Recently took support from the trendline. Buying Activity has been seen in the last week.
If price sustains above 410 then it will test 450 level, and if that it sustained then it will test 500.
JINDLALSTEL
Buy-Above 810
Sl-479
Target- 450 500 New 52Week High
Jindal Steel & Power - A Drop coming up?As the Chart tells, It's on a downslide since past few sessions.
Downward trend with a Descending Triangle shows much weakness.
To add on, stock's trading below 200 MA, Could see some serious fall in the coming sessions.
(If it goes as the trend suggest, Price fall could be around 308-310 Levels.
