JINDALSAW is forming cup with handle. near to BREAKOUT JINDALSAW is forming cup with handle. near to BREAKOUT Longby RetailSwingTradersUpdated 0
Jindal Saw might go up 8% soonThe 2 resistance/support zones which became valid in January 2020 (before the pandemic fall) and the 'trend based fib extension' levels points that, Jindal Saw can grow more. Above 103, it can go up 8.54% ie till 111.8. Place the stop loss at 95.5. Positive news attached : "Jindal Saw Ltd reported 30.43% yoy growth in consolidated revenues for the Mar-21 quarter at Rs3,783.85cr"Longby IamGeorgyUpdated 0
JINDAL SAW LONGA multiple breakout of trendlines can be seen on the weekly charts of JIndal SAW. (OPEN AND EXPAND THE CHART FOR DETAILED VIEW) Firstly, the 7 year trendline, form 2014 Secondly, the 5 year trendline from 2016 (diagonal one) Thirdly, the one year trend line. from 2020 (THE THINNER LINE) Volumes too are favorable. RSI is a bit high, hence retracement can be seen soon till 103-104 I would suggest going long on Jindal SAW for a swing trade. Levels are mentioned below. Entry: Around 104 after retracement Target 1: 122-123 Target 2: 140-141 (Fibonacci Retracement used) SL- 100.50 TRAIL STOP LOSS According to Fibonacci Retracement, the stock has broken the major resistance of 102, and is ready to move upwards in coming weeks. Risk-Reward favorable. Thanks FOLLOW IF YOU LIKE IT.Longby Keshav2329Updated 771
Channel breakout1. Channel breakout with good volume. Price retested the breakout zone. 2. Also weekly breakout with huge volume Target : 102, 111, 127 SL: 70Longby nsdtradingUpdated 221
Jindal Saw Ltd chart AnalysisJindal Saw Ltd cmp 108 Buy near to 100 SL 86 or Buy at 112 SL 100 Target 112 - 131 Uptrend channel breakout RSI above 70 MACD +veLongby VivekKolte3
Classic chart pattern breakout* After 03 years of long consolidations finally price breakout the major resistance level with extremely high volume .Longby PrasantaP7
JINDAL SAW - Swing trade opportunityThe stock has broken from its 3 years resistance line and also from ascending Continuation triangle. Longby Priya_Kanmani4
Jindal Saw - Buy & accumulateJindal Saw - Buy & accumulate Buy Range:98-111 Upside Target: 120.3, 133, 146.05 Support Levels: 86.25, 70.1 *** You can also see my other stock analysis and the results in my profile ideas. Please follow me , If you would like to see more ideas on winning stocks. *** **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. **** Longby pmosesoliver2
JINDALSAW : Long with 1:2 R:RDtd : 31st May TheCharts Like, Share, Comment for regular updates. Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your Financial advisor before trading or investingLongby TheCharts_0
JINDALSAWIt's given a very good breakout with high volume in this week on weekly chart. So we can expect a very good up move in next few weeks. Entry =99, SL=90, T1=130, T2=175 Longby SanjayThela116
JINDALSAWStock is trading at a strong supply zone or price rejection zone. This is the 3rd instance of the stock touching this zone. Expecting the stock to absorb the supply and break out from this in coming weeks.Longby Sudhi4488114
JINDALSAW: Parallel Channel + 2Yr Resistance Line BO 🔥📌 Levels are mentioned on chart for ❝Swing trading❞. The stock has shown all time high volume along with the breakout from an important resistance level . ▣ Key Highlights: ➨ Time frame WEEKLY 𝓦 ☆ Kindly like & share ➥ this pattern. Comment ⎚ with what do you think. Follow me @ tradingview for more updates and like the chart ❤!!!Longby Kapil-MittalUpdated 7
Jindal Saw - Channel BreakoutChannel Breakout-Retest-Breakout with good volumes. Good swing trade for Target 150.Longby chiraglokhande170
Jindal Saw-LongJindal Saw at breakout retest area, can move towards 160-200 in 3-6 months time. Some resistances in between but should be able to move forward.Longby Chartworld1Updated 0
Swing or Positional Trade, Jindalsaw 20%-40% returnChannel breakout opportunity with good volume. Enter at or above Rs.97. Risky traders can enter now. Target Rs.117/144. SL Rs.86. Fundamentally strong company. Sectoral and Volume support is there. Note: All levels only for educational purpose. Kindly check my ideas._/\_Longby BM579Updated 0
jindalsaw chart analysisjindalsaw chart analysis for intraday and swing tradingby TRADINGENGINEER1431
1:3.5 Risk Reward opportunity on JINDALSAWA H&S Shoulder pattern indicates easy testing of the trendline again. Please keep a strict stop loss since the break of the trendline and below our SL level will be a downfall in the stock. The trendline is very very important since the trendline is being followed for the last 11 months, and hence the stop loss should not be modified unless asked to do so. Background Although fundamentally Jindal Stainless is better than Jindal Saw, however, since Jindal Stainless broke the trendline and is giving a sideways movement. Buy around 67.8 with an SL of 64.3 (3.5 Rs stop loss) for a target of 76, 86, 90, 114 Let us assume Max Loss: 3.5 points Max Profit: 8.4, 18.4, 22.4, 56.4 One can hold until 86 with an SL of 81. Profit at 86: 18.4 points Risk Reward: 1:4Longby ShekharChatterjeeUpdated 5