LONG 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
As 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 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 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 has been moving in an upchannel, making new lifeime highs with every siwing. Currently testing the edge. Awaiting a breakout/Reversal
Enter on closing above 357
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.
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...
BTST IN JSW STEEL AUGUST FUTRES BUIY@340.5 STOP@335.5 TARGET@345.5 LOT:3000 QTY:1
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 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
POSTIONAL 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
Levels 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.
It 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
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
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