Jspl
JSPL SWING Buy for 10% upsideJSPL is SWING buy for 10% upside from current Levels
LTP - 604
SL - 580
Target 670+
Timeframe - 15-20 Days
JSPL Can be Multibagger for coming 96 Months for 10x ROIJSPL once breaks from the Monthly CUP Pattern can be next Multibagger for coming 96 Months as can be seen on charts.
JINDAL STEELSetting up very nicely. Looking forward to moving on Either way
This if for educational purposes. It is not recommended.
JSPL Pinbar at Weekly Resistance.Time to go down. GO GO GO!!!It is time to sell when you see a hammer candle (inverted) at weekly resistance.
JINDAL STEEL AND POWER FORGING AHEADWith the overall metal sector giving a breakout on the charts, a few stocks are lagging behind and a few are fueling the rally and one among them is JINDAL STEEL & POWER ,the stock had earlier rallied with the metal sector and after a wide range low volume consolidation of about 10 months the stock has given a breakout ,it is not suggested to immediately jump into the stock ,instead wait for a potential retest/pullback around 475/500 levels as the RSI has entered the overbought zone . the medium to long term targets could be 550/600/700
Jindal Steel & power Long idea It forms continue falling wedge pattern .It can long for target 600 and 650 soon add more if come down to 504
Flag and Pole breakout in Jindal SteelCHART -> JINDALSTEEL WEEKLY SETUP
As seen per the chart, Flag and Pole breakout in Jindal Steel.
First hurdle is to cross all time high of 501, so that will be our first target. Next target should be around 750. Since it is a weekly chart time period is 3 months to 1 year. Stoploss should be at 375 on weekly closing basis.
Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.
JSPL: 16% ROI in 15 daysOn Jan 27, when the stock was at 376,
this is what was suggested
The stock gave ample opportunity to buy.
Today JSPL has made a high of 444.80
That is 18% ROI in about 15 days.
CMP 438 (16.5% approx)
Profit booking can be considered
Just following SImple Technical Analysis and results are in front of you
Happy trading....!!!
(P.S: The credit here goes to Krishna ji for highlighting this set up😀)
JSPL: Near Support levelsJSPL
- the stock is currently trading below it's 50 day
- The stock is currently near it's 200 day EMA (a tad below to be precise)
If 200 day EMA is withheld and the stock goes above 50 day EMA, then Target for the set up 418 / 447
- Given the volatility, consider buying in 2 tranches - one at current levels and have provisions to buy on dips towards 340-350 zone in case if that comes
Ignore if you are looking for short term quick gains.
Take care & safe trading...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
JSPL Triangle & weekly flag BONSE:JINDALSTEL
can add around 440-445
avg can be done near 365
SL closing below 335
T 480, 530, 600++
Jindal Steel & Power gaining some POWERAfter testing our nerves of steel, the stock is gaining power. A good risk-reward above resistance.
Flag and pole pattern?CHART -> JINDAL STEEL & PWR WEEKLY SETUP
Looks like JINDAL STEEL & PWR is trading under a flag and pole pattern in the weekly time frame. Any weekly close, either break out above or break down below, of the flag's trendlines should guide further path of the stock.
Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.
FULL LENTH EXPLANATORY ANALYSIS ON JINDAL STEEL AND POWER.Few pointers from my analysis on JINDAL STEEL AND POWER.
1. The stock has been in a significant uptrend , making higher high and higher low formation.
2. The stock has consolidated for good amount of time in the big continuation flag pattern.
3. The stock has been respecting all major Fibonacci retracement levels and has in-fact retraced upto fibo .618 level , which is golden ratio, considered a very healthy retracement on an uptrend.
4.The stock has recently broke out of the flag pattern with decent volumes, can expect a good momentum going forward on shorter-term
5. On RSI as well the breakout and retest has happened.
Entry : can be taken near by 410-415.
Timeframe used : Daily.
Targets:
T1 : 440 (FIBO .236 LEVEL)
T2 : 500 LEVELS (ATH ZONE)
T3 : 540 (PATTERN HIGHT TARGET)
Stop-Loss : 373
Conclusion : overall the setup is Bullish and high-probability for performing going forward.
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.
JINDALSTEL: TRADING AT CRUICIAL SUPPORT ZONEJINDALSTEEL(D): TESTING CRUCIAL SUPPORT ZONE, RSI INFLECTION, BULLISH MARKET STRUCTURE...
JINDALSTEL: ALL TIME HIGH POSSIBLEJSPL(D): Trendline breakout, buy JSPL for quick 23% gain, horizon: 35 days, all oscillators are positive.
JINDALSTEL: 52W HIGH POSSIBLESwing idea: Buy JSPL at CMP for quick 27% gain. All oscillators are positive. Chart is self-explanatory.
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.
