JSW steel has given a break out of the inverted head and shoulder and has also retest the neck line on the weekly charts. The stock has formed a resistance around 830-835 levels and once these levels are cleared it can given good targets. Positional and swing trades should be created only when the resistance zone is cleared on the weekly charts. Levels and...
Bearish Butterfly In JSWSTEEL Sell PRZ - 808/812 SL - 826 Target - 761/746
JSW steel has been respecting a resistance zone around 780 levels from May 2021 and has finally given a break out. Is stock going to carry the bullish movement or break out is fake out?? The stock has given a close above the levels on the weekly time frame and at the same time the gravestone doji is creating a confusion of stock gaining some positive...
JSW steel on the weekly charts has been consolidating in a range and trading around the 20 ema. The stock has taken support from 0.618 fibonacci level but unable to close above 0.382 levels. It is consolidating in the same range. Stock can give either side movement and is currently trading near the resistance levels. On the daily time frame, the stock is...
The Scrip is looking strong and there is a possibility of breakout after multiple rejection. it can be good long term investment as well.
#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
Bearish double top formation on the chart. Details mention on the chart.
Initiated a short trade in JSW STEEL - with minimal SL. Shorting at 719.6 for a target of 692 with 722.95 as stop.
Gaps pending Downside: 552.50 Upside: 602 Supports: 571/566/559 & 552.5 Resistances: 576.9/583.25/593.9 & 602.95 Conditions applied: Con 1: If we witnessed Gap up opening nearby 583.25, Wait for breakout & then take long position accordingly with the given levels. Con 2: If we see sideways opening, then need to watch Volume & OI & then take position. Con 3: If...
JSW Steel testing major lows again, Month and week trending above to get extreme ! Trade Cautious with strict SL
Double bottom neck line crossed on 01 June 2022. - First target @ 590 - Second target @ 630 - Third target @ 670 - Stop loss @ 515
NSE:JSWSTEEL #NSE:JSWSTEEL formed parallel channel and ready to BO Ping me personally for levels, *Only for practice. Happy LEarning !!
NSE:JSWSTEEL 📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns. 📌 That Dash Line Is Called...
Its breakout 705 and the next breakout is 777 is a jackpot Thank you
📈 JSW Steel Ltd. 📉 Today broke out from a downtrending Trendline Zone on closing basis. On Buy Side I am looking for Targets of 760. StopLoss should be kept at close below 660. It offers 1:1 Risk To Reward. All Important Supports and Resistances are drawn in chart. All levels are on closing basis. Please have a look and revert back if you need some more...
JSW Steel (Weekly): 1. As Nifty Metal has given Breakout on Weekly charts, JSW Steel (which constitutes to be almost 14% of Nifty Metal) has also given a Flag and Pole Breakout. 2. Stock has given breakout after almost 300 days 3. Upper Bollinger Band on Weekly Charts is challenged 4. Also there is Positive Crossover of 5,13 Weekly Exponential Moving Average ...
high : 06/08/2021 : 776.50 low : 03/04/2020 : 132.50 75 % : 615.50 50% : 454.50 25% : 293.50
On Daily TimeFrame, JSWSTEEL given breakout of falling wedge pattern. After this breakout it indicates some retracement upto breakout level in last 2 days trading session. Expected it will reversal from this level and continue it's breakout rally towards the projected target 725 and 775+ in upcoming trading sessions. Can Go long above 670 for this targets.