Channel breakout with strong bullish candle in JSW Steel(Hindi)NSE:JSWSTEEL A strong channel breakout with a big bullish candle has emerged in JSW Steel with strong volume support. 44 EMA is also about to cross the bullish candle reaffirming the bullish signal.
A SL of 945-947 with a target of ATH and above is recommended.
The rest of the video is explained in Hindi
JSWSTEEL
Graphite India for 100%+ upsideDate: 21 Sep’24
Timeframe: Weekly chart
Graphite India currently seems to be in Wave III of 3 which is heading towards 1400 levels (130% growth from current price) as seen in the chart. Even if it attains its previous all time high of August 2018, that’s almost double its current price. If one can handle the fluctuations that operators inject from time to time and hold tight, this one is a no brainer.
This is not a trade recommendation. Please do your own analysis.
IMFA heading towards 1000?Date: 22 Sep’24
Stock: Indian Metals and Ferro Alloys (IMFA)
Timeframe: Daily
As mentioned in my idea posted on 10 Sep’24 (link is in Related Ideas section), IMFA seems to have completed Wave IV of 3 on 13 Sep’24 and begun Wave V impulse towards 950 as seen in the chart. It can very well go past 1000 as well, only further moves can confirm this.
This is not a trade recommendation. Please do your own analysis.
Vedanta for 20% gainsDate: 25 Sept’24
Stock: Vedanta
Timeframe: Daily chart
In my earlier analysis of Vedanta in May this year, I had mentioned the stock is heading to over 800+. I have now reviewed my analysis for a target of around 580 (20% from its current price).
Vedanta seems to be in Wave V of 5 and could attain a target of about 585 as seen in the chart.
This is not a trade recommendation. Please do your own analysis.
Tata Steel for 25% gainDate: 24 Sept’24
Stock: Tata Steel
Timeframe: Daily
Tata Steel seems to be in Wave V of 5 which has a likely target of around 200 (25% from current price of 160) as seen in the chart. Volume is high and RSI is strong. Even if this price is achieved in next 3 to 6 months, it is a safe bet.
This is not a trade recommendation. Please do your own analysis.
JSW Energy Analysis for Swing positionIn day timeframe it break the resistance of 645 and make it support of now. . Now it behave like retracement .
Weekly timeframe it's bullish.
If we have any entry at 645 then Stop loss will be between 624-609 ,
Maximum volume will be at 609. it's a golden zone .
Entry position : At first let break 720 level with good volume and our entry will be next day from breaking the level.
JSWSTEEL - Not a good buy at current levels!The stock is trading around the upper channel. The space on the upside looking limited and RR is not favourable at the current levels.
Weekly TF view:
Price Observations:
1. Even after breakout & restest of major 800 previous ATH levels the moves is slow and choppy.
2. Volumes are dry.
3. Buyers are weak.
Now, possible 2 Scenarios here:
1. WAIT FOR THE BREAKOUT OF THE CHANNEL AND ENTER WITH CONFIRMATION WITH SMALL SL.
2. WAIT FOR A RETTRECEMENT TO ENTER AT SUPPORT LEVELS.
- I WOULD WAIT FOR THE LATER CASE SINCE I'M NOT A TYPICAL BREAKOUT TRADER!
- Stay updated for further insights and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
Just A View - JSWSTEEL📊 Script: JSWSTEEL
📊 Sector: Steel
📊 Industry: Steel - Large
Key highlights: 💡⚡
📈 Script is trading near middle band of BB.
📈 MACD is giving crossover .
📈 Double Moving Averages will give crossover soon.
📈 Right now RSI is around 54.
📈 Stock is trading into narrow range which means consolidation which is highlighted into chart.
📈 Stock is trading between 794 to 845 rang.
📈 One can go for Swing Trade only above 845 level.
⏱️ C.M.P 📑💰- 845
BUY ONLY ABOVE 845
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
JSWSTEEL - Bullish Consolidation with volumesNSE: JSWSTEEL is closing with a bullish consolidation candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 13% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
BHARTI AIRTEL- BEARISH VIEWBharti airtel looking bearish.
It is farming channel breakout failure and retested resistance area .
Stop loss @1050(very small risk Daily candle close besis)
It is good time to short CMP@1032
1st target@960
2nd target@900
3rd target@850
4rt target@780
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
Bharti Airtel Ltd. engages in the provision of telecommunication, tower infrastructure, and direct-to-home digital television services. It operates through the following segments: Mobile Services India, Mobile Services South Asia, Mobile Services Africa, Airtel Business, Tower Infrastructure Services, Homes Services, Digital TV Services, and Others. The Mobile Services India segment covers voice and data telecom services provided through wireless technology in India. The Mobile Services South Asia segment covers operations in Sri Lanka and Bangladesh. The Mobile Services Africa handles the company's operations in Africa. The Airtel Business segment offers end-to-end telecom solutions being provided to large Indian and global corporations by serving as a single point of contact for all telecommunication needs across data and voice, network integration, and managed services. The Tower Infrastructure Services segment includes setting up, operating, and maintaining wireless communication towers in India. The Homes Services segment refers to services that cover voice and data communications through fixed-line network and broadband technology. The Digital TV Services segment consists of digital broadcasting services provided under the direct-to-home platform. The Others segment comprises of administrative and support services provided to other segments and also include Airtel payment bank operations. The company was founded by Sunil Bharti Mittal on July 7, 1995 and is headquartered in New Delhi, India.
JSW STEEL- Bull run 2.0?We have seen an amazing bull run in JSWSteel during the metal sector rally of 2020-21.
Since then, stock has been consolidating with 770-780 acting as a strong supply zone for the stock.
However, the stock has recently taken support from a 3 year old trendline and currently standing at the same supply zone.
If the stock manages to sustain above 780-800 for a couple of weeks , it will confirm a breakout of a flag consolidation and we can expect Bull run 2.0 in this stock as well as other metal sector stocks.
Note:- Metal sectors are cyclical in nature. Please invest/trade accordingly. This idea is shared for educational purposes only and should not be taken as a recommendation.
CNXMETAL Wedge Pattern Breakout NSE:CNXMETAL This also Shared on Dec-10 then it Moved 4.50% on the Upside Now Break the Resistance on the Monthly Time Frame in ( Weekly Time Frame it's a Different Story )
If Nifty moves more than 100 to 200 points this also gives some Move upside so add to your watch list Metal Stocks
also, I pin the Google Drive image link in the comment section