A cup and handle pattern was formed in Jindal Steel and Power. This is not a buy or sell recommendation. This chart is for educational purposes only. Please do your due diligence before taking any decision or consult your financial advisor.
JINDALSTEL:- Ascending triangle pattern has been formed on the hourly chart, showing that the stock is trying to give breakouts again and again. Keep an eye
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like...
Jindalsteel looking weak, sell @ 551 - 552 for the marked targets on the chart.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Stock Name - Jindal Steel & Power Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 579
#This is not Buy and Sell recommendation to any one. This is for...
If I am correct then Adani Power can be bullish and is bounced back from the support level , the same as Jindal Steel & Power did!
Any suggestions, please comment
NSE:JINDALSTEL
#NSE:JINDALSTEL shared @ 419 with T2 target of 460, yesterday it crossed T2 and made high of 468.
460 CE bags huge profits of 22000/Lot.
NSE:JINDALSTEL
#NSE:JINDALSTEL #CupandHandle pattern shared...
with a gap down stock done beautiful rally 8.2%.
Even safe entry delivers 3.5%, Expecting 460 levels.
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...
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...
