We have seen an amazing bull run in JSWSteel during the metal sector rally of 2020-21. Since then, stock has been consolidating with 770-780 acting as a strong supply zone for the stock. However, the stock has recently taken support from a 3 year old trendline and currently standing at the same supply zone. If the stock manages to sustain above 780-800 for a...
Buy Jswsteel At Cmp - 801.3 SL - 743 ( Weekly Closing Basis ) Target - 1025
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...
Hi All... Greetings! Today I'm sharing you JSW Steel Weekly Chart. it has been seen that JSW Steel has been continuously taking resistance from 773 levels. In last week of July 23 it finally gave a breakout and last 2 weeks of August it tested the same 773 level which will now work as a support. I'm hoping JSW Steel will keep on making new LTH now.... ...
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...
Bearish ABCD In Jswsteel Sell PRZ - 773/779 SL - 790 Target - 741/725
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.
Important JSWSTEEL Levels ( Support & Resistance ) for Monday Market- 24-10-2022. Disclaimer: I am not SEBI Registered Analyst, This Channel Videos are 100% Education Purpose Only, Myself or my Channel Not Responsible for Your Profit/Loss, Please consult Your Financial Advisor before trading/investing on share market.
: entry & exit is very important : try to manage money management : know your stop loss : find the chart pattern / analysis the chart before you enter
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 Crossed Gann Angle and Fibonacci in weekly Pattern !!Expecting retracement till 528 stoploss 595.65
JSW steel is taking support from its bottom and simultaneously forming a bullish pattern (Double bottom). After a strong breakout of 558 you can plan to go long for a swing trade . Place stop-loss logically and targets according to your analysis (Suggested Target : T1 600 / T2 640).
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...
📈 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...
high : 06/08/2021 : 776.50 low : 03/04/2020 : 132.50 75 % : 615.50 50% : 454.50 25% : 293.50
As per the 1 Hour Chart of JSW STEEL, we can see a beautiful Formation of "Bullish Harami" on the downside levels of the stock. Therefore, we are expecting a bullish momentum in JSW Steel in the upcoming trading sessions. Wherein it is being expected to face a resistance initially at around the levels of 662.25, 670.35, and 678.55. Whereas, on the other hand, on...