Good Bullish Momentum Might Take it to 400 in December,24Perfect Swing Trade Opportunity in jindal SAW as the stock is clearly turned very Bullish and it has witnessed some Aggressive buying, take entry at 335 levels and Keep holding for 400+.
JINDALSAW trade ideas
Ascending Parallel channel in JSW NSE:JINDALSAW An ascending parallel channel has been formed in weekly & daily channels out of which a current daily bullish candle confirms the reversal of the falling stocks
A confirmed buying can be when it crosses the parallel channel at 310 or risk-takers can accumulate at current levels.
Another bullish signal is the crossing of the EMA 200
1D TF Risk Reward is good... we have to observe price movements... probably taken support at trend line...
JINDALSAW - DAILY CHART - LONG Promotors / FII / DII - Increasing Stake
PE below Industry Level
ROE / ROCE higher than Industry Level
Trading Above Trend Line
VCP formaton
Target : 715 / 790
SL : 660
Jindal Saw - Channel BreakoutJindal Saw - Channel Breakout - Jindal Saw - Channel Breakout - Jindal Saw - Channel Breakout - Jindal Saw - Channel Breakout
JINDALSAW Ready for Fire NSE:JINDALSAW
Some Key point for this stock -
flag breakout
Chart Looks strong
Support 485
Nearest resistance 550, Above it stock can give fresh breakout and we can expect good upside movement
Stock AccumulationStock is being accumulated Near ATH. Price movements are within a very small range.
Short Term Target : 1st Target ( around 20% upwards from CMP: 552)
Short Term Target : 2nd Target ( around 50% upwards from CMP: 552)
Jindal Saw- Bullish FlagIt has given breakout of bullish flag with high volumes. Support is 650 and Resistance is 813
Jindal Saw - 72x ROI possible in Next 15 Years.Jindal Saw - 72x ROI possible in Next 15 Years.
Jindal SAW is the market leader capacity wise in manufacturing of large diameter Submerged Arc Welded (SAW) Pipes with Major Clientele: ONGC, Oil India, GE, Thermax, Godrej, SKF, Petrofac, L&T etc.
Company has delivered good profit growth of 26.7% CAGR over last 5 years. Also they have reduced the debt significantly with FII & DII holdings increasing YoY.
Considering CAGR rate of 33 makes the Price Target of 46000+ easily possible in Next 15 Years.
LTP - 650
Targets - 46000+
Timeframe - 12-15 Years.
Happy Investing.
Jindal Saw breakoutEven thou this is a breakout, but the confidence level is low for this kind of pattern.
JindalSaw Short Term TradeThe strong resistance zone around level of 594.6 has been broken
There is a higher than average volume on the breakout candle
Also overall volume data and long term trend indicates bullish strength
Target and SL are marked on chart for short term trade
BREAKOUT IN JINDAL SHOW 📌SWING TRADE FOR NEXT WEEK🚀
Hello Traders⚡
I am a Swing Trader by Passion i only trade on Momentum Stock's.
📌I Post Daily SWING CHARTS Analysis on My Trading view profile..
So let's Start
📌TRADE ANALYSIS OF -JINDAL SHOW-
• Potential Breakout Chart
• VCP Pattern
• Short Range Consolidation
• Price Can Take Retest from support Line
• Overall The Price Is Moving In HH-HL Formation
• Volume Buildup Near BO Zone
• Looks Good For 10-20% Upside Levels After The Breakout
📌 If you have any questions about any stock you can comment on post 📱
📌Disclaimer:-
This all charts analysis are only for educational purposes only
I do not provide any CALL or Tips
Ascending Triangle break out stock taking support at ascending triangle supporting line will see how it behaves...if top resistance break go for long
JINDALSAWBased on price moving and Ema
positions Up move possibility is higher
This is only for educational purposes.
JINDALSAWBased on price moving and Ema
positions Up move possibility is higher
This is only for educational purposes.
Jindal Saw - results playLong at 485 or above 517..which every comes.. (Stoploss for the first trade below 470)
Q4 last year was only 32cr.this year should be much much better..
The stock could breakout again after this long consolidation.
Buy further above 540 when there is a fresh ATH breakout.
Could see some good momentum in this counter.
JINDALSAW bullish; above 550 ? -Friday 9th Feb.The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below...
SWING Trading Strategy:
Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%)
INTRADAY Trading Strategy:
1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within five to 15 minutes. "High Risk Traders" buy in hope of another 2% upmove intraday.
"High Risk Traders" patiently wait through the Pullback-Consolidation stage to realize profits. High risk/High reward set up as breakouts may fakeout (reversal)also
2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage").
Safe traders with minimum risk profile wait for a breakout from the consolidation to enter at this stage to relize high profits in the final intraday final "Breakout continuation" stage
3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again.
Both Safe Traders/High Risk Traders book profits at this stage
This do not constitute, financial, investment, trading, or other types of advice or recommendation.
Jindal saw all set for new highsJindal saw is done consolidating and is now firing up for new highs, the stock is also highly undervalued with a specular growth rate.
JINDALSAW bullish; above 517 ? - Tuesday 16 Jan.The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below...
SWING Trading Strategy:
Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%)
INTRADAY Trading Strategy:
1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within five to 15 minutes. "High Risk Traders" buy in hope of another 2% upmove intraday.
"High Risk Traders" patiently wait through the Pullback-Consolidation stage to realize profits. High risk/High reward set up as breakouts may fakeout (reversal)also
2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage").
Safe traders with minimum risk profile wait for a breakout from the consolidation to enter at this stage to relize high profits in the final intraday final "Breakout continuation" stage
3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again.
Both Safe Traders/High Risk Traders book profits at this stage
This do not constitute, financial, investment, trading, or other types of advice or recommendation.
JINDALSAW 50% upside possible in coming few monthsJINDALSAW 50% upside possible in coming few months
Based on Daily Chart Patterns .... It can be Multibagger ... 2x in 1 Years possible.
Happy investing.
JINDALSAW Probable trade set up1. Trend Bullish
2. Strength - Strong
3. Price trading at support
4. RR lucrative about 1:12+
JINDALSAW Trend Chart Pattern NSE:JINDALSAW Wait for the price to take support on trendline before going long.
