simple all time high breakout . we want an entry pattern in 5min tf if breakout come . entry pattern can be opening range break, pullback and enter above pullback and sl as pullback etc
JINDALSTEL trade ideas
Long on Jindal Steels and Power LTD (JSPL)Hey Guys,
It's a right time to make a long position in Metal stocks as all metal stocks are in their retracement phase so now all are near their major support area from where they took bounce several times this is the only time when you can go long and as Jindal steel is one of the biggest beneficiary in exporting Steels so we can make a long positions in JSPL its targets are plotted on above chart.
Jindal Steel - Falling Wedge PatternCurrently Jindal Steel formed Falling Wedge Pattern.
There is high Chances are there for upside breakout.
[POITIONAL] JINDALSTEL : Suport and Resistance As Per charts.
Long/Short only on Confirmation.
The target to SL ratio is 1:1(approx) both for Long and Short Trades.
Follow SL.
DD Advised.
Jindal Steel Breakout from falling Trendline Metal sector ready for boom. Watch SL and TGT on charts.
jindal steel intraday targets for friday buy jindal steel above 403 for target 409 amd sell jindal steel below 398 for target 392
Head and Shoulder pattern on Jindal steelHey Guys,
Upper analysis of Jindal steel and Power shows head and shoulders pattern on 4Hr time frame once it will break 390 as rounded off of 391 level for the target of 350, Go short below 390
JINDAL STEEL TOMMOROW CHART LEVELS for buy and sellsteel sector looking bearish tommorow, jindal steel sell below 420 for target 412 and next pivot and if market reverse then buy above 427 for target 434 and next pivot.
JINDAL STEEL TOMMOROW CHART LEVELSBUY ABOVE 440 FOT TARGET 446 , 452 AND SELL BELOW 434 FOR TARGET 428 AND 422
#Jindalstel cash : Looks good above 441 or around 430#Jindalstel cash -Positional call
17.05.2021
buy above 441
stoploss 427
Target 457-460/494
Cmp 435.50
Opportunity if missed!This stock gived breakout from channel pattern, was 20% up and retesting the trend line, will probably again go up.
Good trading opportunity according to me, use strict STOPLOSS.
JINDALSTEL ascending channel14/05/21
Stock: JINDALSTEL
CMP: 400
Transaction type: Add on dips till 380
Price: CMP
Target: 430, 450, 470, 490++
SL: BELOW 370
Currently trading in Ascending channel.
Note: Company has declared good result .
Stock has fallen quite a lot. Enter as per your own risk.
JINDALSTEL Breakdown on 12th May ExplanationJINDALSTEL was testing the support at the price range of 471 in 5 minutes candle chart. So it was expected if it goes down the support with heavy volume then it will continue the trend for long. It had a huge dip of more than 4%. It was great opportunity for shorting.
[Positional] JINDAL STEEL - Getting ready for new HighsJindal Steel has broke out from the consolidation region and retested back, sustaining those levels can ensure next upswing.
Steel sector is having a good time, so it is always better to go with sectors that are leading the market to new highs
JINDAL STEEL - WATCHOUT FOR 52WEEK HIGH BREAKOUTWatch out for 52WEEK HIGH breakout on Monday -
If it breaks Buy at 483-485 level, look at the target 500+,
maintain stop loss blow the RED TRENDLINE - (i.e. 474-472), and increase your stop loss when it goes up.
#stockmarket #poweroftechnicalanalysis #hopeforthebest #jindalsteel #breakout
Jindal Steel and Power about to go ballisticComing out of a multi year consolidation huge cause. Long 1/2 size position on this Weekly breakout potential.
