H&S in jsw steel below supportH&S in jsw steel below support. This is the only metal stock which did not participate in the rally and probably will continue as per expectation
JSWSTEEL
LONG POSITIONAL TRADE IN JSW STEEL OCT FUTURESLONG POSITIONAL TRADE IN JSW STEEL
OCT FUTURES
WITH THE MARKET TURMOIL METAL STOCKS HAVE MANAGED
TO ARREST THE DOWNTREND
JSW IS LOOKS THE STRONGES TO RALLY ON THE UPSIDE
FUTURES TRADE
BUY@378
STOP@370
TARGET 1@390
TARGET 2@400
LOT:3000
JSW STEEL_TREND ANALYSISAs on 01/10/2018, JSW HAS FORMED HEAD & SHOULDER PATTERN ON DAILY CHART.
SELL JSW STEEL BELOW 368.50 FOR TARGETS 357/348/335 SL 383
SWING TRADE IN JSW STEEL SEPT OPTSWING TRADE IN JSW STEEL
OPTIONS TRADE
SINCE MARKET IS VOLATILE WE HAVE SOME ISSUES TO PLACE STOPS IN FUTURES MARKET
BUY 430 CALL
OPTIONS @4.75
STOP @3
TARGET@8
LOT:3000
QTY:2
SWING TRADE IN JSW STEEL SEPT FUTSWING TRADE IN JSW STEEL
SEPTEMBER FUTURES
THIS STOCK IS IN HOT ZONE
BROKEN NEW RESITANCE
HEADING FOR 420 LEVELS
BUY@408
STOP@400
TARGET@425
LOT:3000
QTY:1
JSWSTEEL UpchannelJSWSTEEL has been moving in an upchannel, making new lifeime highs with every siwing. Currently testing the edge. Awaiting a breakout/Reversal
JSW Steel trading set-up!JSW Steel could soon take a dip and break out upwards, or sink below 300. Makes for a good long/short setup in the coming sessions. Watching closely.
JSW steel Long...JSWSTEEL long trade setup RR 1:2
entry 339.20
TP 350 / 365
Disclaimer:
The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable for your own financial situation.
I am not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
Hope this idea will inspire some of you! Don't forget to hit the like/follow button if you feel like this post deserves it
BTST IN JSW STEEL AUG (FUT)BTST IN JSW STEEL
AUGUST FUTRES
BUIY@340.5
STOP@335.5
TARGET@345.5
LOT:3000
QTY:1
JSW Steel shorting opportunity (Elliott Wave)JSW seems to have completed a complex W-X-Y W.2 formation and has broken below the channel line of the W.Y which presents a low risk shorting opportunity here with small SL above the last swing high near 345.30 and possible targets near 293 or lower level.
JSWSTEEL Lifetime CHannelJSWSTEEL has been moving in a channel for years. Made latest new lifetime high in june. After a good arc, its back to test the highs.
Awaiting a breakout/Reversal
POSITIONAL TRADE IN JSW STEELPOSTIONAL TRADE WITH A RISK
AUGUST CONTRACTS
BUY@296
STOP@288.5
TARGET@314
LOT;3000
QTY:1
NOTE:
BUY AROUND THE CLOSING MINS
IF EXECUTED HOLD THE STOCK FOR 2 TO 3 WEEKS
WITH THE GIVEN STOPLOSS
RSI EXTREMELY OVERSOLD
Short JSW SteelLevels are mentioned on charts. CP 310. SL 320 Target 290-280. Has broken 6 month trend line and in hourly chart every recovery seems weak.
JSW Steel - Selling Pressure ContinuesIt has been observed that the price action is forming lower lows and trending down. Now, it shall further dip down to previous support zone.
T1- 284
T2- 276
SL 300
JSWSTEEL - BREAKS STRONG RESISTANCE It is been observed that the price action breaks above the important and strong resistance levels on daily chart indicating a buyers coming back and charging up and also taking control over price action. It shall further move up from current levels.
Target 214
SL: 208
JSW STEEL - Trending Up (Ascending Triangle)It is been observed on the Daily and weekly chart that the price action is trending up and now forming a ascending triangle on weekly and daily chart indicating buyers control over price action.
Short term: (2-5 Days)
Target 205
Stoploss: 197
Mid-term (1-2 weeks)
Target: 210
Stoploss: 196
Regards
Jindal Steel & Power : How Bears Melt Steel !Absolutely No Idea what I should write in description, if you ask I can answer thats it :)
Got one point , its 9000 shares per Lot, So better take care of it & its very Risky to have that exposure !
Happy Trading !
JSW STeel Short : Descending Channel & GapPrice seems to be following the descending Channel. There was a gap down red candle 2 days ago. It has tried to fill the gap today but price got rejected at that level so it may provide a resistance and could be used as Stop Loss. Using all this information we can frame a short trade by risking a small amount the high of today and look for a target of lower boundary of the channel. Risk to Reward would be reasonably good.
jsw steel short 1615 SL 1682 TGT 1495jsw steel is in down trend
short 1615
sl 1682 closing basis
tgt 1495
enjoy this trade
jsw steel weekly big candle broken shot 1520jsw steel has broken weekly big candle
short @1520 with target of 1425 (38% fib level)
enjoy this trade
