JSL
JSL - Ichimoku Breakout📈 Stock Name - Jindal Stainless Limited
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 682.
🚨Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market.
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CNXMETAL - Just a View📈Keep an eye on Nifty Metals Index .
📈On 13th Feb Index has formed hammer candle which indicates trend reversal.
📈Metal index has taken support on trendline as shown into chart and started moving upwards. 📈Index has made triple top and triple bottom pattern on daily chat. We may see bullishness till 8348 level.
📈Stocks to watch into Metal Sector are as follow: -
📊 Script: SAIL
⏱️ C.M.P 📑💰- 125
🟢 Target 🎯🏆 - 142-150
📊 Script: TATASTEEL
⏱️ C.M.P 📑💰- 141
🟢 Target 🎯🏆 - 147
📊 Script: JSL
⏱️ C.M.P 📑💰- 599
🟢 Target 🎯🏆 - 615
JSL : 1-3 Months#JSL #trendingstock #momentumtrade #patterntrading
Jindal Stainless (JSL) : 1-3 Months
>> Trending Stock
>> Stock in Momentum
>> Good Strength & Volumes Buildup
>> Low Risk High Reward Trade
Swing Traders can Lock Profit at 10% & Keep Trailing
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Disclaimer : This is not a Trade Recommendations & Charts/stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
Jindal Stainless Ltd - Multi year Breakout confirmedA globally spaced company with largest production of stainless steel. Increased promoter pledge with considerable debt.High recovery from its 52 week low. Delivering good profit over years. Positive breakout confirmed . Multi year resistance line has been broken, retested and bounce back. Moving throgh a steep upward triangular channel since last 8 months . Price is shrinking in this band.Can move further 100% within an year time.
JSL - Ichimoku BreakoutStock Name - Jindal Stainless 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 415
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
#CloudTrading
#IchimokuCloud
#IchimokuFollowers
#Ichimokuexpert
I hope you all like my analysis.
Please do share your thoughts into comment section.
JSL - Ichimoku Bullish Breakout Stock Name - Jindal Stainless 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 318
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, share & subscribe for daily analysis.
JSL on verge of breakout1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula: - Stop Loss Amount/(Buy Price - Initial Stop Loss Price)
4. Sell on initial Stop Loss hit or RSI close below 40
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high volume
c. Exhaustion gaps
d. Heavy daily volume without further upside
e. Largest one day price drop
After a 148% rise within the last one year, NSE:JSL came down in the last three months, but today it is trying to give a breakout from a consolidation zone. Buy with a stop just below ₹275 or ₹270.
Disclaimer: I am not SEBI Registered. Do trade or invest at your own risk, I am not responsible for any losses and won't claim anything from your profits either. Take financial advice from your advisors before jumping in.
Jindal Stainless LimitedJSL:- Cup and handle pattern shown in progress, keep on radar...
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 share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
SELF EXPLANATORY SERIES : QUICK ANALYSIS ON JSL.In this self explanatory series I will be posting charts with pure technical analysis only without full length explanations , Traders can ask their doubts in comments section, Happy trading.
Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing any investment or trading.