📈 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...
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
broken important resistance around 350 and than consolidating in a range . bounced from 0.61% retracement level of fibonacci. flag kind of structure is in progress. buy above 500 in intraday if sustains above 500 than we can buy for short term trade with sl below 450 DCB target 600, 750 For stoploss in Intraday use 5 minute chart and see nearest support. for...
high : 10/05/2021 : 501.70 low : 03/04/2020 : 62.00 75 % : 391.77 50% : 281.85 25% : 171.92
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Jindal Steel & Power Ltd. JINDALSTEL CMP: 441 - Tight consolidation for 8 months - I don't want to miss this one
After testing our nerves of steel, the stock is gaining power. A good risk-reward above resistance.
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.
JINDALSTEL Buy-Above 409 Sl-370 T-457.55 480+ The stock is ready for a momentum above 409.
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...
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...
Jindal 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.
NSE:SANCO Sanco Industries Ltd. NSE:SANCO CMP: 10.10 Target: 13 ++ SL: 8.60 Timeframe: < 6 months Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT...
JINDALSTEL me ( inverse head and shoulders pattern ) type se bana hua hai aaj jase hi up market opne hota hao to bue jana hai
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...
=> 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...
JINDALSTEL 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
On Daily Time Frame, JINDALSTEL showing falling wedge pattern breakout. After this breakout expected this stock will give upside move upto 500+ projected target in short term period. Also, MACD bullish crossover in oversold zone indicating trend reversal of this stock. Can go long in this position with downside stop loss below 370 for target of 445 and 500+.