Inverse flag (wedge reversal) breakout in buying side. Also metal sector are performing well in past few days. Go for long.
JINDALSTEEL exactly reverse from the previous support at weekly, so will expect huge rally in this script...mid term target 450-500
Buy @397, SL-394, TGT-403/405 Sell @389, SL-392, TGT-383/382
Buy @380/381, SL-378, TGT-387 Sell @376, SL-379, TGT-370
#JSL JINDAL STAINLESS STEEL perfect bounce from support.
After 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 .
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.
NSE:JINDALSTEL buy above 436 SL 395 T 451, 480, 500 Above 505 535 is possible
jindal steel chart analysis for intraday and swing trading
Good move with retest with good volume . What do you people think ? Any idea ?
NSE:JINDALSTEL
Everything is mentioned in the chard Dont trade without consulting your finencial adviser. Do comments because that is the only motivation for me.
Jindal 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 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
Close 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 Closing below 280 will welcome bears to take charge. And head towards 320.
JINDRILL 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 StopLoss @ 380 Target 1 @ 429 Target 2 @ 478