Niftymetal
👁👀 #vedl #vedabta keep your eye open NSE:VEDL
buy above current black line sl that below black line and trailing target is above red dash lines.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
✈🚀🛩 jindal steel might fly high after breakoutNSE:JINDALSTEL
🙄😲😳🥺🤓👁👀 keep open and don't think to short without conformation. all levels mentioned keep adding few quantities after each breakout and if break any support book it.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
JINDALSTEL BreakdownJINDALSTEL gave Flag breakdown after getting rejection by fibo level
Looking weak below 257.50 Level , Gap down can escalate selling pressure
View negates above 268 on the basis of candle close
HINDALCO Long and Short IdeaHindalco is consolidating and making Symmetrical Triangle
Looks Good for Long above 249 Level
Weak Below 241.50 Level for Short Trade
Between 241.50-249 Avoid Trading
HINDALCO VAN BREAKOUT !!! 1) Wait for breakout and retest for accurate entry
2) If gap-up confidently take long
3) If resistance is strong , no trade .
4) 2 targets ate given , safe book at 1st target , trial to 2nd target if you’re an active trader .
Analysis of Nifty MetalDt.- 27-11-2020 Price - 2925.75
Made a bearish Doji indicating there will be a correction. We are expecting that it may visit the support level that is placed at 2881.05 and if there will be more selling pressure among stocks than it can go up to the 21DEMA. Nifty Metal is in the overbought zone. This will be the key entry-level for the put option trader.
sail is bullish if sustained above this level without any close below 42.2 in 2h candle , its not bearish until 52
INTRADAY JSWSTEEL SHORTThis is a simple strategy using the trendline. The price moved up steeply and has not seen a strong correction. The trendline was broken and the price tried moving upwards for a last kiss and was rejected from under the trendline.
This is an intraday idea, which can be moved to a positional play considering the negativity in the market. There is a strong chance that the market opens gap down and majority of the trade is already over.
Hence, only enter the trade if the price opens flat at yesterday's close level.
The stoploss is a little wide, due to the volatility, but risk can be reduced once the price moves lower in our favor.
The levels are explained on the chart.
Break soon as possible BUY BUY BUY 900+BUY HEG IT WILL SOON 900+ oncr break this resistance it will soonn 900+++
Is History Repeating Itself ?? Nifty MetalNifty Metal - The most important indicator of Global Markets.....
1. The levels of Nifty Metal is indicating towards a sharp volatility in global indices in coming days.
2. It has tried getting out of the channel twice but has not been succesful. This is the third attempt, Incase it fails this time we can see a
sharp fall downwards that will be reflection of a sharp correction in the Global Indices.
3. The previous time this same pattern happened was in Jan 2020 at the initial stage of Covid 19 cases. We are again under the fear of second
wave of the pandemic.
4. Metals have always been affected severely because of any news from China front. Any escalation in the current Geopolitical tensions
around India China border will have a massive impact on all, especially after all the major world forces have now started getting active in
this war of words.
BE WATCHFUL..........!!!!!!!!!!!!!!
JSW SteelThe stock has attempted a breakout from 185 zones 3 times and has reached a stable point, with the good performance of the metal sector, JSW is a long opportunity with a good breakout towards 203.
Vedanta - Gravestone Doji may pause its uptrend from here.NSE:VEDL has witnessed a gravestone doji formation at the supply zone.
Looks like NSE:CNXMETAL may pause its rally from here.
Metal Sector on very important level..!!!!!.. Don't Miss IT..Metal sector is on very critical area if this Resistance breaks than long upside rally will come.
Watch out this three metal shares:
1) JSWSTEEL
2) TATASTEEL
3)JINDALSTEEL
Coalindia for 240 -> 270?It may stay in the channel or breakout. however, in near term it must test the high of the flag channel.
