JSWSTEEL
JSWSTEEL - Chart reading 💲💲🌟 FOLLOW me @Averoy_Apoorv_Analysis and get these free analysis :) 🌟💲💲
🔰 {Some info}
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
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NIFTY METAL: THE PARTY IN METAL STOCKS HAS JUST BEGUNMetal rally is not over it is a temporary blip.
Reasons why the rally in metal stocks may not end so soon:
1) As there is a strong demand for metals, the supply chain is not yet fully in place and there is an expectation of a super cycle, the party in metal stocks has just begun.
2) The global economic data is very strong. Once the second wave is over, then India’s recovery would also be strong. Eventually, we will see the market following global trends.
3) Chart looks very promising to me. Look at 20 DMA, it is acting as a major support. RSI is forming a higher base,which is a sign of big bullish momentum. Rest is self-explanatory.
Not everyone is equally bearish on the metal stocks. I believe the correction in prices is temporary and will not last.
My favorite picks: TATA STEEL, SAIL, JSW STEEL, & JINDAL STEEL.
JSW STEEL, METAL SECTORFIRSTLY THE METAL SECTOR ARE BULLISH.
JSW STEEL MAKING THE CUP AND HANDLE PATTERN AT 1D TIME FRAME. CMP 731.20 AT THE NECKLINE OF CUP AND HANDLE PATTERN.
BUY ABOVE 733.40
T1 - 754.90
T2 - 773 ( ALL TIME HIGH)
IF 15 MIN CANDLE SUSTAIN ABOVE 733.40 THEN ONLY TAKING THE POSITION.
THANK YOU.
#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.
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With 💚 from Rachit Sethia
JINDAL STEEL TO STEAL THE SHOW ⚙️⚡Reasons for strong buy
1. Elliot motive wave 5 formation ahead
2. MACD Bullish hidden divergence
3. Darvas box breakout ahead
CMP - 396
BUY above 412
Early Target - 432
Swing Target 1 - 432 /445 /500
Target 2 - 546/560
Stoploss - 380
Elliot motive wave rules
1.wave 3 shouldn't be the shortest amont wave 1,3,5
2. wave 4 should not overlap with wave 1
3. wave 2 should not break below wave 1
Check these successful trades & approach on Britannia , Mothersumi , DLF , Biocon , Daawat , Infosys , HBL power , HDFC life , HindZINC given below
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Live Challenging Stock Market Analysis Buy JSWSTEEL @ 721.20Market Analysis
Live Challenging Stock Market Analysis Buy JSWSTEEL @ 721.20
Target1 @ 831.55
Target2@ 934.05
#stockmarket #IBULHSGFIN #sharemarket
Our Unique Features:
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1. Follow our 15 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 2% Risk Management Per trade.
4. Risk vs Reward up to 1:7.
Note:
Trade signals would usually have a risk to reward ratio of 1:2.
It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
This allows you to be good in overall pips profit.
Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
Best Wishes
Trading with tamil
#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
JSW STEEL 1 HOUR TIME FRAME JSW STEEL 1 HOUR TIME FRAME BREAKOUT
JSW STEEL(POSITIONAL)
01-06-2021
TIME FRAME :1HOUR
ENTRY : 705-706 OR 714-175
STOP LOSS :
TARGET :729
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Note: we are not SEBI registered investment advisor. don't take any decision individually.
kindly do your own research or consult your financial advisor before taking any financial decision.
JSW Steel, SwingJSW Steel is forming a descending triangle. A break from the trendline can be traded for a target of 730 which is a high resistance region with a stop loss of 670. 673 level has support of 200 EMA, that's why SL can be taken at 670.
Make sure to trade what happens and not what you expect :)
Note: Please do not follow my idea blindly, please analyze yourself as well. I just share my idea so that people can build upon the same. The idea I share is open to healthy criticism and feedback :)
⭐ JSWSTEEL | Monday possible setup🔰 MY thought process :
⭐ Making an amazing descending triangle pattern after a really big move, a break of this trendline on 30mins/15mins = a possible good trade
⭐Plan: we want a break of 706 LVL with power and volume = a breakout of the setup = our trade gets activated :)
⭐Plan: Then we wait and do nothing :) that's the best way to earn money tbh :), people who start thinking what will happen exits the trade on a red candle which makes their trading career worse so just have faith in your RR management and keep an SL below that candle that's our small risk and targets are - 1)730 and if u wanna hold it than 760 are good ones :)
🔰Am I taking this trade: I might if I find it as planned :)
🔰 {Some info}
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
<<<<<>>>>>