JINDAL STEEL Jindal Steel looking good structure at Monthly Time Frame,, make a perfect curve & now breaking Out..
KEEP ON RADAR For Bigger Targets
LongJindalstreelltd
Long
Navigating the Trading Landscape of Jindal Steel
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 trades.
ITF (Intermediate Time Frame): We use this for identifying the overall trend.
HTF (Higher Time Frame): This gives us the b
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Jindal steel analysisPerfect 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.
Long
#jindalsteel #jindalstl Swing Trade OpportunityNSE: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 PRZ, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone).
(PRZ :- Potential Reversal Zone, SL :
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Jindal Steel & Pwr futuresJindal 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.
Long
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
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.
Long
Head and Shoulder pattern on Jindal steelHey Guys,
Upper analysis of Jindal steel and Power shows head and shoulders pattern on 4Hr time frame once it will break 390 as rounded off of 391 level for the target of 350, Go short below 390
Short
JINDALSTEL Long• Downtrend occurred.
• Tweezer bottom pattern spotted.
• RSI confirms that at the time tweezer bottom formed, the stock was underbought.
* Educational Purpose Only *
NSE:JINDALSTEL
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Jindal Steel - Bullish EngulfingNote: 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.
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Jindal Steel - Bullish RSI DivergenceNote: This is for educational purpose only.
There seems to be a Bullish RSI Divergence in Jindal Steel which basically indicates that the momentum is rising whereas the price is making lower lows in that particular period. This means there is a bullish trend to follow. Moreover, Support turned resistance is broken now and has turned to support.
Long