Jindal steel for 28/july/2021Everything is mentioned in the chard
Dont trade without consulting your finencial adviser.
Do comments because that is the only motivation for me.
X-STEEL
Godawari Power value unlockGPIL is a midcap steel derived products, power generation and iron ore mining.
This stock has had a tremendous bull run (almost 9x YoY) and still trades at a reasonable valuation
Expecting further value unlocking to happen as the Steel bull run continues.
Bullish Flag breakout in JSW STEEL Bullish Flag breakout in JSW STEEL
Similar Flag pattern appeared in Nifty Metal (CNXMETAL)
KSL LONGSteel sector is booming overall and ksl steel is showing bullish momentum in it too!
It can be a goos 2-3 session trade!
sl-tgt-entry marked
30% upside potential in SAIL for positional trade>A good breakout above a multi year strong resistance of rs100 and a good consolidation at 38.2% fib level and retest of 50EMA.
>A long position can be initiated between 122 to 130 for a target of at least 30% with a stoploss of 115
>A favorable risk reward ratio of above 4
Vedl BreakoutVedanta Ltd has given a trendline bullish breakout on july 5. Its in uptrend making HH & HL in 4H chart
SAILNeeds to bounce back from 121 (approx) levels.
Breakout expected in coming days.
Shared only for educational purpose.
No recommendations
Steel Strips Wheel Trend line BreakoutSteel Strips wheel breaks out of a falling trend line.
Buy: Steel Strips Wheel
CMP: 827
Target 1: 880
Target 2: 900
Stop Loss: 790
Holding Period: 1 month
Vardhman Special Steel Range BreakoutRange Breakout
Buy Vardhman Special Steel
Cmp - 197.35
Add More If Price Drop To 176-180
Strict SL - 133 (Weekly Closing Basis)
Target - 350
Tata Steel Good Days ...Go long on Tata Steel. POSITIONAL VIEW
it broke the flag pole pattern on daily chart frame
Buy Level - CMP Or 1141 perfect level
SL- 1112
Target - 1175/1200/1220/1240
Steel City Securities: Short term to mid term view BullishInverted head and shoulder pattern. Indicators are showing positive signals. Use every dips for the target. When looking fundamental, It can go more than that the above target level.
Vijayaraghavan.K,
Kovilpatti,Tuticorin dist.
tata steel !! a good move in metals can be seen again
RSI also trading above 60
trade on given levels
kindly trade at your own risk!!!
Potential Breakout in TATA STEEL BSLTATA STEEL BSL NSE:TATASTLBSL is consolidating for 1 month while making falling wedge pattern
and a potential breakout is shown with high volume in 1 hour time frame
Prakash Industries - StrategyPrakash industries is a cyclical stock with prices swinging from 10x from the lowest price to falling again by 90% from the highest price. The stock is in constant momentum after pandemic crash/correction in markets. Looking at volume and correlating it with historical data, the chances of stock staying bullish are more than the chances of it being bearish. Also, the business has started to pick pace after heavily hit by the pandemic. If we look at the sectoral picture, the steel sector rose in markets like crazy, and now is in a small consolidation. If you enter for a trade-in this script, I would advise you to go wisely. Do not put money and forget. This is a cautious trade that poses a good magnitude of risk. But here Risk: reward is still crazy good.
They say risk and reward go hand to hand.
Tata Steel BSL bullish above 110.Self Explanatory Chart.
Would love to know your views.
NSE:TATASTLBSL
