Swingtradingsetup
jindal steel and power chart analysisjindal steel and power chart analysis for intraday and swing trading
Grasim | Trendline resistance break 🎯⭕ Swing Trading opportunity ! 30 min Chart Alert !!! ⭕
--Buy above =919.40 or CMP
--Target = 932 | 939.70
--Stop-loss =912.55
--Lot Size = 950
--R:R = 2.05
--Expected Profit = 19,200 ₹ per lot (2.21 % )
--Expected Holding = 5-15 day only
#ThankU For Checking Out Our Content , We Hope U Liked IT 📌
======================================================
⭕ Technical Reasons to trade OR Strategy applied :- ⭕
1) Trendline break , bought near support area after retracement
2) Volume is more than sufficient i.e engulfing pattern & bullish candlestick pattern
3) Uptrend Is continuing and Trendline resistance break
4) All the possible support & resistance is mentioned on the chart
======================================================
Guys check out the related ideas as well, it will work really well GUARANTEED !
🙏FOLLOW for more !
👍LIKE if think is useful !
✍COMMENT Below your view !
SWING CALL STRONG MOMENTUM JK CEMENT BUY IN DIPS NOW 1556.35 SL 1410 TARGET 1750 1800
Over the last 5 years, net income has grown at a yearly rate of 28.15%, vs industry avg of 21.24%
Stock has been generating better return on equity than bank FD
Good time to consider, as stock is not in overbought zone
In last 3 months, foreign institutional holding of the company has increased by 1.03%
LT Bullish BiasBullish Bias and RSI giving signal on Daily TF
Can be bought at CMP
Target 1 940
Target 2 960
Target 3 980
Stop Loss 899
MIGHT REACH 2200 IF FEW MORE GREEN CANDLES ARE FORMED ABOVE 2170THERE IS A DOUBLE BOTTOM BEING FORMED AND THE NECKLINE IS BROKE
THERE IS RESISTANCE AT 2160
AND THE BEARISH TREND EXPIRED AND BULLISH TREND HAS BEGAN.
(ALL THE ORDER TYPE I CHOOSE IS CNC)
NEW SWING TRADER :)
