JINDALSTEL trade ideas
The horse of JINDAL STEELS can make your moneyJindal Steels is on Buy call, as many big Indian Traders confirmed the Flag Pattern and set good Target Points on Jindal Steels
The flag pattern is a sign of showing a great buy at the moment of breakout. The Target - 450 / 490 / 500 / 600. Stop loss maybe - 390
JINDALSTEL buysideHello guys i had find this trade setup in h timeframe which is in good uptrend and also broken horizontal trendline we have a good buying opportunity from here with below sl and tg above also plzz do your own analysis before taking any trade if you like my analysis plzz like share and follow
Keep a eye on JINDALSTEL This is my first analysis on JINDALSTEL. Check it out. It a simple high level break out stock
Jindal Steel - Breakout PossibilityJindal Steel :
380 remains a Strong Support
Can Breakout from channel
JINDAL STEELif you invest and it will cross up to 460 in sometime but you need have some patience for that
JINDALSTEL: TRADING AT CRUICIAL SUPPORT ZONEJINDALSTEEL(D): TESTING CRUCIAL SUPPORT ZONE, RSI INFLECTION, BULLISH MARKET STRUCTURE...
Jindal Steels is on a winning FlagJindal Steels is on Buy call, as many big Indian Traders confirmed the Flag Pattern and set good Target Points on Jindal Steels
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.
Jindal Steel - Buy - Good SetupJindal steel is all ready to go higher with your blessings ;)
very good setup, risk reward favorable at CMP.
Buy if it closes above 429.6
Stop = 360
Postional setup
Jindal steel - Upmove possibleJindal steel is respecting a trendline and is bouncing of continuously from 380 levels.
It has made a double bottom sort of a structure hence i am hoping it to continue its uptrend
Jindal Steel and Power - China TradeThe stock has been consolidating after an upmove and taking support around the golden ratio.
With china announcing cuts in production in H2 for steel, global supply will come down which in turn should sustain these high prices.
In that case some indian steel stocks like JSPL, SAIL and Tata Steel Long Products are trading at extremely cheap valuations while producing incredibly high cash flows (which is helping take down their debt quicker than ever anticipated)
Long above 404 with a SL below 384.
First Target 430 and then maybe back to the recent highs.
One of the downsides is high Iron ore & Coal prices so better to look for companies with higher captive capacities.
JINDAL STEEL , Swing trade.
As of now it is on watchlist and looking ata RSI and MACD trade will be taken, if taken coming sessions.
