Tata Steel- Round Bottom formed. Its neat BO. mostly like BO. Waiting for Green Candle to confirm the same. If it goes up then target will be 130+ as per the area marked in as Target. Disc- Only for learning purpose and not trading recommendation
Good Evening everyone, JSW STEEL on a Daily time frame formed a triple top pattern. The last one is all time high. -->After creating all time high came down directly and broke the last low before ATH (Horizontal Arrow) -->Observe the price action after that , Price hardly managed to go to 0.618 Fib level (shown on chart) ->Got rejected from that level and...
If I am correct then Adani Power can be bullish and is bounced back from the support level , the same as Jindal Steel & Power did! Any suggestions, please comment
: entry & exit is very important : try to manage money management : know your stop loss : find the chart pattern / analysis the chart before you enter
tata steel at support going to break out in furthur das. in my analysis 182 to 204 is target in futher days
This is a follow up analysis of JSW steels Ltd. Hold/Buy this scrip only if today candle close above 623 Levels. Next Target can be 647 Levels. Follow me for more analysis.
Tatasteel is on crucial resistance level. A close above 111 will be very tough and strategic for Bulls. As of now Its is trading above its Anchored Vwap of 7th April. For long target are 1. Rs 111 2. Rs 117 3. Rs 131 Must watch its behaviour at Rs 111.
As per my fib tata steel going for retacement at rate of 91.30 . final target 110.85
TATA STEEL -- INTRADAY SETUP -- 11/07/2022 1. As per daily chart , hourly chart look like metal stocks like Vedanta, tata steel, jindal steel and hindalco seen strong short covering,rollover at last few session, stocks are bottom out at extreme oversold level and looking for trend reversal after some profit booking in last season, 2. TATA STEEL look good after...
Stop loss for Tata steel reversal zone. Accumulation 996 to 983 SL 946
TATASTEEL day time frame view this is for educational purpose not for trading signal
steel down five wave structure and confrimation candle stick down side or rsiand macd postive crossover steel buy 43.7 and stoploss 42
JINDAL STEEL & POWER -- 15 MIN CHART -- INTRADAY SETUP 1. Stock seen oversold at daily chart 2. lower channel breakout seen above 463.50 stock currently trading at 461 level 3. BUY at breakout level above 463.50 4. wave trend seen moveing upword direction 5. double bottom support seen as trend reversal signal 6. above 200 SMA daily chart BUY JINDAL...
JINDALSTEL short trade looks worth considering as after a parabolic upside move it has come out of trendline and formed an inside candle with break down on the lower side thus indicating short trade below 545 with stoploss of 571 and target of 520,465
SAIL is in limelight for the breakout of the Inverse Head & Shoulder pattern and falling channel, so I thought to take a look. It looks like SAIL is getting ready to resume its uptrend. • There’s an Inverse Head and shoulder pattern formation with the neckline exactly at a Strong Support & Resistance level . • We can draw two falling channels on the price...
JSW STEEL -- INTRADAY SETUP - 15 MIN CHART -- 22/04/2022 1. at 15 min chart stock trading at at oversold level from there max possibilities bounce from 730 level 2. stock cmp 734 level 737 short term resistance at trendline , buy above 737 for trend confirmation upside 3. trendline breakout also can be seen above 737 level 4. Daily chart pattern is higher...
Steel stocks are on fire along with other commodity related stocks Will the break out sustain
high : 10/05/2021 : 501.70 low : 03/04/2020 : 62.00 75 % : 391.77 50% : 281.85 25% : 171.92