See the chart for levels and targets. Watch the candles for breakout. Trade with stopless.
It was clearly overbought. Still, fundamentally a great company. Could be an option to accumulate at the bottoms.
buy call in jsws steel it has given huge breakout with a huge volumes
Note: This is for educational purpose only. Do not trade F&O based on this analysis. There seems to be a bullish breakout after tight build up near resistance for 42 days. This signifies that bullish pressure is more and hence, the price did not fall down. Moreover, breakout is is with high volume. RSI is at 69 which indicates bullish momentum but at the same...
Coming close to a very good level to enter for SWING or Intraday. Wait for it to cross 295 and confirmation on 15 would be great entry for the target of 312/325 with minimal SL of 290. Keep on trailing your SL on every 5 points movement. Note: I am not a SEBI register and view is only for educational purpose as well as personal, always consult your financial...
On this chart I have placed ICHIMOKU to complicate viewers, just to let you know that these type of charts u would find on twitters but realiity is, its a simple chart but confused with putting ichuoku on it. this ichu has no meaning on it. My students know it very well my view a small resistance of that line if breaks, expect strong up move. my view only may...
JSW Steel looks to be in BuyZone with good Risk and Reward
short if brake range with volume
Price reached the top as discussed in our previous charts. Now look for sell trade as the price reached the resistance levels. Go with small stoploss after confirming the reversal. If you want to go long then let the price closes above the dotted line then think about going long.
I hope you can now see how JSWSTEEL represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that...
If breaks above IB (288) Go long with SL at 285 Target open with 1:2 or 1:1
Rejecting from the top, short. Do not short if breakout.
This is a simple strategy using the trendline. The price moved up steeply and has not seen a strong correction. The trendline was broken and the price tried moving upwards for a last kiss and was rejected from under the trendline. This is an intraday idea, which can be moved to a positional play considering the negativity in the market. There is a strong chance...
i was BANNED for violating house rule so i am republishing again without any alteration LIKE as it worked
Buy above 296 Beware of FALSE BREAKOUT This analysis is for educational purpose only THANK YOU HAVE A NICE DAY
Metal has been doing exceptionally good. JSW Steel seems good buy candidate above 296 for the target of 313, 327.