Jindalsteel
short idea for JINDAL STEEL tommorow intraday tradersyou can follow idea as mentioned in the above technical analysis which i had made using trend lines . intraday traders can wait till jindal steel reaches @114-116 levels and can short sell @114-116 levels , and can take profit upto @109-108 levels easily !!! So bang bang tommorow... have fun !!!
JINDAL STEEL Trading SetupAll charts are purely for educational and information purpose only. Invest or Trade at your own risk.
JINDALSTEL Trading setupRefer Chart for levels
Expected breakout on Apr-20th. Please check my previous post
JINDAL STEEL and POWER Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
jindal steel NSE:JINDALSTEL
jindal steel is again in the trend line if it breaks the trend line then down side tgt till marked as level on the chart and up side take till resistance
Jindal Steel make or break levels, 89.80 Below one can Short.Close below 89.80 take short position for Target of 85. Long only above 92 with sl of 89.40 targets 95 & 97
Jindal Steel and PowerJindal Steel and Power:
CMP 174.70
Target : 191.20, 230+
SL: 160 close base.
Risk is yours and Reward is too yours
JINDALSTEEL ON LONG RUN ENTER ONLY ABOVE THE BREAKOUTBuy once weekly candle close price above 187, target of 283 on medium term for 2-3 mths...
Jindal Steel Trend Analysis & trade Setups !!TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Wait for entry setup, if available then Long/short.
R:R is 30 to 50 times.
JINDAL STEEL SHORT IDEAH & S PATTERN SPOTTED IN JINDAL STEEL GO SHORT WITH TWO TARGETS IT MAY TAKE SUPPORT ON TREND LINE IF BROKEN SECOND TARGET ALSO GIVEN STOP LOSS IS ONLY 146.85
jindal steel analysis for fridayit is respecting broadening pattern as seen with yellow trendlines it must bounce back now plus it is taking supoort at 50% fibonacci level which is good but if it closes below lower trendline yellow it may go down target given and also might go up target for long also given stoploss will be lower trendline
note: 15 minute candle on closing basis must be used everywhere
note: trade at your own risk
[INTRADAY SHORT] JINDALSTEELCan it be shorted when its low is breached? Red line breach may take it further down.
If metal melts tomorrow, then it would a good shorting opportunity.
Let's see what happens.
JINDAL STEEL ANALYSIS AS YOU CAN SEE IT HAS FORMED BULL FLAG PATTERN AND ALSO IT HAS BOUNCED BACK FROM FIBONACCI`S 50 % LEVEL WHICH IS VERY GOOD THING
TARGET FOR LONG IS GIVEN GOOD LUCK
NOTE: TRADE AT YOUR OWN RISK
Price Action - JINDASTELFinally it break upside trend line, As per price action we except continuous up side till 191 range.
Short term break out target at 191. NSE:JINDALSTEL
Jindal Steel and power is eiher going to touch 108 or 96.25JSPL has not touched the weekly high/low levels this week. Today, Friday it is expected to touch 108 levels on the upside or 96.25 on the low side.
JINDALSTEL (Jindal Steel & Power Limited) SELL BELOW 103JINDALSTEL (Jindal Steel & Power Limited) SELL BELOW 103
JINDAL STEEL (Jindal Steel & Power Limited) SELL BELOW 91.25JINDAL STEEL (Jindal Steel & Power Limited) SELL BELOW 91.25
Simple Volume and RSI Analysis The price is clear in downtrend and forming lower lows. Volumes are increased at the bottom and RSI is trading above the Oversold mark. Those who want to prefer an entry at the lower level could try a long here with the recent low as Stop Loss. One can look for a 10-12% retracement move from here.
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
