Steel
End run of Steel - Bearish view of JSW A 30min chart shows that price has halted at its support level which if broke we can see the target of 712-710 with a strict SL of 750 levels.
But if it retraces to 750 level then we can get a discounted price to short the stock with a strict SL of 765-770 area.
It all depends on the Broader market view so do look for Nifty and Nifty Metal indices before shorting.
SAIL - Long : Buy & Accumulate NowSAIL - Trading at Buy & Accumulate zone
Buy zone:127-110
Upside Target: 152
Support Levels: 110, 82
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**Disclaimer: I am not a SEBI registered consultant/Advisor. It is completely my view and opinion. My intention is not to provide any financial advice, training advice, or any type of advices or any recommendations on stock buying or selling. Please do your own research and consult with your financial advisor before taking any action. I am not responsible for any of your action on buying or selling or holding the above mentioned stock or/and index.
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Sell NMDC - Correction Coming SoonSell- Below 195
SL - 203
Target- 188 182
NMDC has given very good returns in mid to short term. Now it has it our monthly harmonic prz. As usual you need to book your profits near every harmonic level. you should book your long here . just keep few quantity one third . And be ready to short if it breaks 195. It can give decent correction. We will reenter if it crosses 220.
Note:- I am not SEBI registered . All Views and trade setups are my personal view and my personal trade setup.
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Long Indication on SailSail has breached its major trendline resistance and now making freely towards it's fib level of 152, Peak volumes like this is not visible for almost 8+ years which indicate that this is not a false breakout. Wait for a Minor Pullback for an entry. This is solely for Education Purpose Only.
Depending on your risk appetite you can book completely at 152 or Partial and ride the Trend,
#SUNFLAG CMP 67.95 Target 90 #INVEST #STOCK #TRADE #STEEL #IRON#SUNFLAG
NSE:SUNFLAG
CMP 67.95
Target 90++
May Hold After Target Reached.
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Might blast to more than 100.
Super Bullish on this stock.
From Rachit Sethia with 💚
10 may jsw steel will drop for intradayAcording to analysis JSW steel is in overbought zone as well as all the indicators are giving signal to sell, this prediction is only for 10 may not for the long term.
sell at 755
buy at 750,745,740
value will go down on Monday for sure for intraday trade. This info is backed up with various factors.
Tinplate at FingertipS💰💰✔✔ Buy @ 160-69 range
trgt 192💚210💚257
sl below 145🤨🙏
Reasons for this buy
🧩🧩technically promising chart.
🧩🧩good q3 & q4 published.(Tinplate Company of India standalone net profit rises 107.08% in the March 2021 quarter)
🧩🧩Y-O-Y profit increaing gradually even the previous pandemic.
🧩🧩low debt company,therefore they offer good dividend returns
🧩🧩Current price is less than the intrinsic value
📍📍almost good but one factor disappointed me .In last 2 years, promoter holding in the company has almost stayed constant.📍📍
day frame chart👇👇
✔ about the company
💢The Tinplate Company of India Limited is a producer of tin coated and tin free sheets. The Company manufactures various grades of electrolytic tinplates, tin-free steel sheets and full hard cold rolled sheets (FHCR) used for metal packaging💢
like 🎈 comment🎈 support🎈
JSW Steel Weak
It has formed double top on a very short time frame.
But the RSI also formed two tops.
The second top is lower then the first one which means lesser people tried in making the second top.
The tells us decreasing interest in the stock after breakout.
There has already been a big rally and we can expect a consolidation in metal stocks soon.