13 Years Long Breakout Happening In Jindal Steel Cmp 839 This Month Closing Above 800 Will Open For The Target Of 1550 800-48 = 752+800 = 1550 SL - 660 ( Monthly Closing Basis )
Sock has already concluded a complex corrective structure at 24-Jan'24 low of 688 zone and started bouncing back. This suggests that stock is likely to move towards it's resistance zone of 756-760 in the coming days. Breaking above the resistance zone will lead it towards 800-820 zone over the weeks ahead.
Hello, traders! Today I'm focusing on a prominent player - Jindal Steel. This analysis aims to provide both newbies and seasoned traders with some fresh perspective. Let's get started! 🔎 Understanding Key Terms Before we delve into the analysis, let's clarify some crucial jargon: LTF (Lower Time Frame): This is the time frame we use to execute our...
Hello fellow traders! Today, we're diving into analysis of Jindal Steel, exploring some of the core concepts that every budding trader should know. 🌟 Understanding the Basics 📘 LTF: Lower Time Frame - This is a shorter time frame for analysing stocks. ITF: Intermediate Time Frame - This provides a comprehensive view of stock trends. HTF: Higher...
MAHSEAMLES is a leading manufacturer of pipes and tubes Involved in power, electricity, and other industries. Currently trading at all-time high levels. Let's dive into the technical analysis of MAHSEAMLES to identify potential breakout patterns. 📊 TECHNICAL ANALYSIS MAHSEAMLES is forming a potential breakout pattern on both daily and 75-minute charts,...
According tot he Chart it an goes 800+ within 6 Months and so
: entry & exit is very important : try to manage money management : know your stop loss : find the chart pattern / analysis the chart before you enter
Very strong bullish structure JINDALSTEEL is a must have stock for one's portfolio. #investing_ideas
Daily BO + Volume is supporting. BO > Retest > Entry > Good RR > Gap Fill sooner.
Perfect 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.
NSE: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...
📈 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...
high : 10/05/2021 : 501.70 low : 03/04/2020 : 62.00 75 % : 391.77 50% : 281.85 25% : 171.92
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.
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...
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...
JINDALSTEL me ( inverse head and shoulders pattern ) type se bana hua hai aaj jase hi up market opne hota hao to bue jana hai
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...