#Jindalstel cash : Looks good above 450.10#Jindalstel cash -Short term
08 March 2022
Looks good above 450.10
and dips 444
stoplosss 435
Target 464/474
Cmp 442
JINDALSTEL trade ideas
[Buddha] JINDALSTEL inside Bar ideaLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
Jindal Steel : Parallel channel (Time frame - 1 Week )Chart of - Jindal Steel
Stock is trading in a range by forming a parallel channel .
You can enter in this stock after proper breakout.
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Disclaimer: All charts are purely for educational and information purpose only. I am not a SEBI registered Investment advisor. Please Trade and invest based on your knowledge and risk profile.
Jindal Steelhigh : 10/05/2021 : 501.70
low : 03/04/2020 : 62.00
75 % : 391.77
50% : 281.85
25% : 171.92
Jindal Steel trying to maintainThe sudden rise in commodities is helping the Steel industry, and the same can be seen in Jindal Steel.
Jindal Steel gave a Golden Cross pattern where 50 DMA crossed 200 DMA 3 sessions back, and we saw a sudden jump in the stock.
The stock took the resistance of 463 and retreated in yesterday's session. Today the stock opened in green and took resistance of 452 and currently can be seen as in consolidating stage.
Resistance levels based on GANN Square of 9 are 452, 463 and 474 and based on Fibonacci is 473.
Support levels based on GANN Square are 441 and 431, and based on Fibonacci are 444, 428 and 420.
Possibility of a breakout in JINDAL STEEL and POWERPossibility of Breakout in JINDAL STEEL AND POWER . Please keep this stock in your watchlist. One can enter above 450.
DISCLAIMER: The ideas are only for educational purposes and not buy/sell recommendation. I am NOT SEBI registered.
Jindal steel & power ltdJindal steel & power CMP: 423 sl:340(wcb) target: 480/590/750. Ye stock ka lifetime high 16800
Note: Educational post
Swing Trade Oportunity Jindal Steel and PowerNSE:JINDALSTEL
A Nice Flag pattern on Weekly time frame, and triangle on daily. Enter right after Trendline Breakout. Target and stop loss as given on chart. Hope for the best.
JINDALSTEL Trade SetupWait for proper breakout and retest and then one can look for entries.
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Good Swing trade opportunity in Jindal Steel and Power. A nice Flag pattern Formed. Enter Right after breakout if you want to be aggresive. or wait till 1Hour candle to close above Trendline. Target and Stop loss Levels are given.
NSE:JINDALSTEL
SHORT JINDALSTEELThere is harmonics from where jindal steel can reverse. rest all thing mentioned on chart. kindly refer chart. thanking you.
JSPL: 16% ROI in 15 daysOn Jan 27, when the stock was at 376,
this is what was suggested
The stock gave ample opportunity to buy.
Today JSPL has made a high of 444.80
That is 18% ROI in about 15 days.
CMP 438 (16.5% approx)
Profit booking can be considered
Just following SImple Technical Analysis and results are in front of you
Happy trading....!!!
(P.S: The credit here goes to Krishna ji for highlighting this set up😀)
JSPL: Near Support levelsJSPL
- the stock is currently trading below it's 50 day
- The stock is currently near it's 200 day EMA (a tad below to be precise)
If 200 day EMA is withheld and the stock goes above 50 day EMA, then Target for the set up 418 / 447
- Given the volatility, consider buying in 2 tranches - one at current levels and have provisions to buy on dips towards 340-350 zone in case if that comes
Ignore if you are looking for short term quick gains.
Take care & safe trading...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
JINDALSTELJindal Steel & Power Ltd.
JINDALSTEL
CMP: 441
- Tight consolidation for 8 months
- I don't want to miss this one
Jindal Steel and Power Massive breakoutA massive breakout rally should begin in Jindal Steel and Power soon. It is a triangle pattern breakout and even horizontal trendlines are broken. Keep a strict stop loss at Rs.420 for targets of Rs.500-545-605 in the short to medium term. A decisive and strict stop loss is necessary in metal stocks as they tend to reverse sharply and are very cyclical in nature. Please do follow your stop losses.
magic of wavesweekly breakout stock with high volume and moving towards 5wave if u like our study pleasse like comment and follow us
JSPL Triangle & weekly flag BONSE:JINDALSTEL
can add around 440-445
avg can be done near 365
SL closing below 335
T 480, 530, 600++
Trendline Breakout in JINDALSTELDON'T HAVE TIME TO MANAGE YOUR TRADES? | Trendline Breakout in JINDALSTEL
- Take BTST trades at 3:25 pm everyday
- Book profits within first 30 minutes of the market opening
- Try to exit taking 3-5% profit of each trade
- SL can be taken when 5/15 min candle close below 44EMA
- SL can also be maintained as 1% or closing below the low of breakout candle
Levels mentioned on the chart are calculated using Breakout Indicator
Now why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Buy Today, Sell Tomorrow: JINDALSTEL for more than 5%
JSW Steel trading in trendline..!!Metal sector doing well.. Its Time for JSW steel now, trading in the trendline and give targets of Rs 470/- from here in short term..!!
Disclaimer: I am not SEBI registered and all the analysis is purely for educational purposes. Not a buy or sell recommendation. consult your financial adviser before entering any trade.
JINDALSTELFlag and poll pattern & channel pattern up direction
uptrend zigzag
support on important level of 405
break out of Monthly level
tgt 472/500
for swing or positional
sl swing low
Jindal Steel & Power gaining some POWERAfter testing our nerves of steel, the stock is gaining power. A good risk-reward above resistance.
