JINDALSTEL buysideHello guys i had find this trade setup in h timeframe which is in good uptrend and also broken horizontal trendline we have a good buying opportunity from here with below sl and tg above also plzz do your own analysis before taking any trade if you like my analysis plzz like share and follow
JINDALSTEL
Jindal Steel - Falling wedge + Coming out of correction soon! 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 investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
#JSLHISAR CMP191 #Target 251(32%) #JINDALSTEL #JSWSTEEL #SAIL#JSLHISAR
NSE: JSLHISAR
LONG TERM INVESTMENT
CMP 191.30
Target : 251.80
SL : 171.60
Timeframe < 60 Days
Can hold for longer time
Factors:
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 levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
JINDAL STEEL Bullish Reversal PennantJindal Steel seems ready for up move after consolidating for past 4 weeks. A pennant formation can be soon whose breakout can lead to significant upside.
Following Swing trade can be taken.
Buy at breakout level - above 412 only,
TGT 1 - 453 (10%)
TGT 2 - 496 (20%)
SL 395 (4.3%)
#JSWENERGY #Jindal #BankNifty #Nifty #Breakout #Resources $GLD #JSWENERGY
NSE: JSWENERGY
CMP: 126
Target: 136+
Target 2: 146++
SL: 126
Factors:
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 levels
Fundamental are strong.
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming
The stock has potential to go beyond 146 in longer time.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
Long on Jindal Steel Hey Guys,
Please refer 1 day time frame to see a massive breakout in the charts of Jindal steels and Power Ltd this retracement is just a rechecking of support of channel it is gona blast in the Metal Index Mark my words it will surely make new 52 week high by the end of June and will continue towards all time high
Long on Jindal Steels and Power LTD (JSPL)Hey Guys,
It's a right time to make a long position in Metal stocks as all metal stocks are in their retracement phase so now all are near their major support area from where they took bounce several times this is the only time when you can go long and as Jindal steel is one of the biggest beneficiary in exporting Steels so we can make a long positions in JSPL its targets are plotted on above chart.
DAILY SWING CALL // Wednesday 17th of Feb 2021 / NSE: JINDALSTELDAILY 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% Around)
STOP LOSS: 300 (10% Max)
Standard Notes:
- Please follow the Stop Loss strictly and preferably on a daily closing basis.
- Recommended Profit Booking / Exit is on +12-15% & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested for all my trades and is an indicative period.
- If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed.
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.
✈🚀🛩 jindal steel might fly high after breakoutNSE: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 recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.