• Downtrend occurred.
• Tweezer bottom pattern spotted.
• RSI confirms that at the time tweezer bottom formed, the stock was underbought.
* Educational Purpose Only *
NSE:JINDALSTEL
DAILY SWING CALL // Wednesday 17th of February 2021 / NSE:JINDALSTEL
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 332.65
TARGET: 382+ (15%...
I will look at buying JINDALSTEL because :
It is at the resistance and that resistance after 5 years
Low probability trade .
Entry : 297
Target : 350/380
Stop loss : 274
NSE:JINDALSTEL
🙄😲😳🥺🤓👁👀 keep open and don't think to short without conformation. all levels mentioned keep adding few quantities after each breakout and if break any support book it.
******whatever charts or levels sharing here are just for educational purpose only not a...
JINDALSTEL gave Flag breakdown after getting rejection by fibo level
Looking weak below 257.50 Level , Gap down can escalate selling pressure
View negates above 268 on the basis of candle close
Note: This is for educational purpose only.
There seems to be a Bullish Engulfing of last 3 sessions. The same is reflected in Volume as well. RSI beyond 70 indicates Bullish momentum. However, there will be a sideways movement before further upmove.
NSE:JINDALSTEL
Hi Traders,
JINDALSTEL trade setup and entry and target level on chart.
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This would give us ...
Stock's (20, 50)MA crossover done at 205 levels. This sector will benefit from India Govt's PLI Scheme.
*IMPORTANT LEVELS to WATCH*
Entry @ CMP or buy on dips
Target1 @ 230| Target2 @ 260
Demand Zone @ 205
Good Luck Investors❗
-GokulHari
After trendline (yellow) Breakdown , Jindalstel is in strong pullback
For Monday
a)Looks good above 194.50 for Long (Green Line)
b)Looks weak below 188.50 for short trade (Red Line)
Jindal steel Following Nifty Metal Index difficult to manipulate .
If 1 and 2 Confirms Enjoy the short term or long terms investments.
Please like and share..
