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JSWSTEEL

#TATAMETALI 23%$return $TCS $TATASTEEL $JSWSTEEL $HINDALCO $SAIL#TATAMETALI TATAMETALI CMP: 1055.70 Target: 1300++ May Hold if longer time frame planned. Stoploss: 897 (on close price basis) Time Frame: Less than 3 months. Factors: Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Higher Highs & Higher Lows. Breakout above RESISTANCE levels Trading at SUPPORT levels Fundamental are strong. High Revenue High Cash flow Asset Quality Good. Earnings report & quality strong EPS Positive Risk Return Ratio is healthy. And Rising from the Bottom to Bullish Wedge Pattern Breakout to Flag Pattern Breakout. The stock has given a all time high breakout. Potential to reach high further.
TLong
by Rachit_Sethia
JSW Multi TF AnalysisMonthly TF: Trading nearly at all time high(639) Volumes are high MACD is bullish RSI is having some divergence Previous month candle was a good breakout of nearly 3 year. OVERALL STOCK IS VERY BULLISH. Weekly TF: Nice Cup handle breakout with strong volumes. Trading above all key EMA's (21,50,200) After giving breakout directly crossed 1.618 fib level (586.5), no signs of weakness. RSI Gave breakout from major resistance. Consolidated on resistance zone before breaking out. MACD is bullish. As RSI is overbought and also there had been continous bull run, one can wait with patience to retrace till 586 levels wherein it may retest RSI breakout. REMEBER RSI CAN STAY OVERBOUGHT OR OVERSOLD FOR LONG TIME. It was a very good buying at 400-420 levels. Daily TF: Gave strong breakout from parallel channel after 9 months. Again can be seen here clearly 420 around level it was nearly channel bottom test and daily breakout. RSI, Showing clear divergence(marked with blue arrow), which means it MAY retrace, most probably till 580-586. Need to wait and see if there is buying intrest at this level. If it rebounds from 580 level, long can be initiated. Hourly TF Shows a clear picture. RSI Divergence can be seen clearly. Stock is consolidating at hourly resistance level (628-633) If any 1Hr candle closes above resitance levels with good volume, then good opportunity for TRADERS to go long. NIFTY METAL INDEX: JSW is part of nifty metal index with around 19% share. Metal index charts have given breakout on Weekly levels afer 3 years. Golden cross can be seen on weekly levels. Overall metal sector is very strong. INVESTORS can wait for retest at 580-586 levels, or can go long with partial amount if it breaks ATH on closing basis. ///Overall Stock is Strongly bullish in all TF's./// ***Having in portfolio from 194***
NSE:JSWSTEEL
by VR46_TheDoctor
Tinplate at FingertipS💰💰✔✔ Buy @ 160-69 range trgt 192💚210💚257 sl below 145🤨🙏 Reasons for this buy 🧩🧩technically promising chart. 🧩🧩good q3 & q4 published.(Tinplate Company of India standalone net profit rises 107.08% in the March 2021 quarter) 🧩🧩Y-O-Y profit increaing gradually even the previous pandemic. 🧩🧩low debt company,therefore they offer good dividend returns 🧩🧩Current price is less than the intrinsic value 📍📍almost good but one factor disappointed me .In last 2 years, promoter holding in the company has almost stayed constant.📍📍 day frame chart👇👇 ✔ about the company 💢The Tinplate Company of India Limited is a producer of tin coated and tin free sheets. The Company manufactures various grades of electrolytic tinplates, tin-free steel sheets and full hard cold rolled sheets (FHCR) used for metal packaging💢 like 🎈 comment🎈 support🎈
TLong
by ANKITHSHAJU
12
DAILY SWING CALL // Friday 22nd of March 2021 / NSE: JSWSTEELDAILY SWING CALL // Friday 22nd of March 2021 / NSE:JSWSTEEL // This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade // CMP / LTP: 440.6 TARGET: + 507+(15% Around) STOP LOSS: 396 (10% Max) Standard Notes: - Please follow the Stop Loss strictly and preferably on a daily closing basis. - Recommended Profit Booking / Exit is on +12-15% & If you still want to hold the stock, trail the SL once this target is achieved. - Duration: 15-20 Trading Days is suggested for all my trades and is an indicative period. - If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed. Disclosure: I may or may not have a position in this trade. Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.
NSE:JSWSTEELLong
by Amit_Padishalwar