JINDALSTEEL levels...13.09.2021 ( D candle)JINDALSTEEL exactly reverse from the previous support at weekly, so will expect huge rally in this script...mid term target 450-500
Jindalsteel
JINDAL STEEL : 4th wave correctionAfter forming a high of 501 stock is falling in a corrective manner. This correction should reach upto 50% of the previous rise i.e. 50% of the distance travelled between wave 2 and wave 3 . The correction can be extended to the previous 4th of the lesser degree i.e. the region of 300 zone .
News based or negative Breakout? Hold or Sell?The metals sector was down today due to a news regarding China's cut down. But Jindal Steel and Power fell below a strong support today. The stock price is currently stopped at 0.618 Fib level (drawn from previous low-high). Should investors hold or sell to take losses?
*New to the trading. Any pointers, advises and resource recommendations are welcome.
Jindal Steel Down Trend BONSE:JINDALSTEL
buy above 436
SL 395
T 451, 480, 500
Above 505
535 is possible
Jindal steel for 28/july/2021Everything is mentioned in the chard
Dont trade without consulting your finencial adviser.
Do comments because that is the only motivation for me.
Jindal Steel - Buy - Good SetupJindal steel is all ready to go higher with your blessings ;)
very good setup, risk reward favorable at CMP.
Buy if it closes above 429.6
Stop = 360
Postional setup
jindal stainless bullishJindal Stainless Ltd. is a holding company, which engages in the provision of stainless steel flat products. it is on a bullish move and can continue its movement.
tgt-sl-entry marked on the chart
JSLClose above the horizontal line will be a multi year BO. With metal index looking good, it can be a very good bet. Dont miss this one.
JINDALSTEL Correction Possible#JINDALSTEL Closing below 280 will welcome bears to take charge. And head towards 320.
Rising Wedge Breakout | JINDAL DRILLINGJINDRILL Daily: Looks good for more upside at CMP
1) Rising Wedge Breakout
2) High Volumes
3) Offshore drilling company in India’s Oil & Gas sector
Comment with a 🔥 emoji if you are going to trade it.
Jindal Steel & Power Limited - Trendline bounceJindal Steel & Power Limited
StopLoss @ 380
Target 1 @ 429
Target 2 @ 478
Jindal Steel - Falling wedge + Coming out of correction soon! Key Highlights:
1. Potential change in MS underway
2. Falling wedge pattern
3. Rejection from trendline atm
4. Approaching the demand zone
5. Ripe for the next impulsive move
6. Accumulate between 370-380
7. Target: 410, 445, 499
8. Stop loss: 364
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
Jindal Steel and Power Trend line BreakoutShort term Trade(3-4 days): Jindal steel and Power breaks above a falling trend line signaling a reversal on the upside.
Buy: JNSP
CMP: 406
Target 1: 430
Target 2: 440
Stop Loss: 394
