using combinations on RSI, ADX, Support, Trendline going bearish in this script targets - 706, 701, 692 disclaimer - trade @ own risk
#JSWSTEEL @JSWSTEEL JSWSTELL 5% movement downward The expected target is 692 5% profit NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. NOTE: RESPECT The risk. SL should not be more than 2% of the capital. Happy Trading
A triangle chart pattern involves price moving into a tighter and tighter range as time goes by and provides a visual display of a battle between bulls and bears. Script = JSW Steel Time Frame = 1 Day
In technical analysis, a triangle is a continuation pattern on a chart that forms a triangle-like shape. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure. There are three potential triangle variations that can develop as price action carves out a holding...
It breaks the trendline and made the bearish structure so that we have to short it
The support which was tested multiple times has finally broken, Entry we can wait for the breakdown and retest then take a SHORT entry. Target Target will be the next support zone. Stoploss Above the breakdown candle high. Please don't forget to like and follow me. Thank you.
Sell JswSteel Elliot Wave Pattern chart pattern elliot wave corrective wave NSE:JSWSTEEL
Bearish double top formation on the chart. Details mention on the chart.
My Perception & the way I trade: JSW STEEL ( NSE:JSWSTEEL1! )-- currently trading in close range from previous Weekly High and Monthly high levels. Also from Harmonics' perspective - possible to test 774-777 levels before any kind of reversal. Which is also 0.786 retracement level. These levels are also in line with Prev Week/Month high levels. Add JAN 770...
I posted the Head and Shoulder pattern in HSW Steel 60min time frame and see how beautifully the pattern gave its target. Enjoy the learning guys...
A shooting star occurs after an advance and indicates the price could start falling. The formation is bearish because the price tried to rise significantly during the day, but then the sellers took over and pushed the price back down toward the open. Traders typically wait to see what the next candle (period) does following a shooting star . If the price declines...
JSW steel is performing too well from starting of 2021 but get slow down in mid 2021 till now. NSE:JSWSTEEL . JSW STEEL has a 2 very big Bearish RSI Divergence on Daily Timeframe. . If you look at NIFTY METAL at the same timeframe you'll find same kind of divergence that indicates strong conformation to this trade. . JSW STEEL has taken resistance from 770 to 785...
JSW Steel Ready to break out. Multiple time faced resistance price of 769 to 775. Once break out with the volume. it will shoot like rocket. Keep Eyes on JSW Steel. note : this is only for education purpose. do your own analysis before taking any trader and consult your financial advisor before taking any trade.
JSW STEEL gave breakout of symmetrical triangle on daily time frame and re tested the level also, there are 3 targets for JSW for 5-6 months. trade as per your setup and price action.
Stock Name - Jsw Steel Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 736 #This is not Buy and Sell recommendation to any one. This is for education...
Initiated a short trade in JSW STEEL - with minimal SL. Shorting at 719.6 for a target of 692 with 722.95 as stop.
JSWSTEEL Giving Flag pattern breakout Above 723-24 Looking tgt 730-35-40++ Keeping on radar Jswsteel 730 CE dec.