JINDALSTEL will hit 346 with stop Below 325JINDALSTEL will hit 346 with stop Below 325, entry missed @ 333.
JINDALSTEL trade ideas
jindal steel and power chart analysisjindal steel and power chart analysis for intraday and swing trading
jindal steel and power chart analysisjindal steel and power chart analysis for intraday and swing trading
Jindal steel .. probable future breakout Jindal Steel :
About to breakout D+ channel
volume supportive
Weekly at 60 support
Monthly broken W pattern ( would be confirmed at EOM )
First target 355 as it crosses 310
Rejection at avwap
50% Fib rejection
JINDAL STEEL good short candidate.JINDAL STEEL SPOT CMP 317
BEARISH SHARK PATTERN FORMATION
TIME FRAME WEEKLY
PRZ zone :- 315-325
SLZ zone :- 336 on hourly closing basis
Targets :- 260-240-220-200 possible..
Big Bullish on JindalsteelMultiple Chart patterns are in formation on Jindal steel. Stock price managed to close above 3 years high of Jan, 1st 2018. cup pattern formation is there on the chart as well as W formation on Monthly time frame. Short term target 350+ and long term targets 700.
Jindal Steel & Power chart analysisJindal Steel & Power chart analysis for intraday and swing trading
View on Nifty and Banknifty and 2 stock Infy Tcs
Disclaimer: I am not a SEBI registered advisor so trade on your risk
but i have a good experience in the stock market for the last 17 year so i am just sharing my experience with you all
investment in the stock market is subject to market risk
JindalSteel: Triangle Breakout. JindalSteel: Triangle Breakout.
- on Weekly resistance
- Triangle Breakout
- Wait for Bullish candle for BO
JINDALSTEL GOOD BUY SIGNALJINDALSTEL
CMP 276.1
Above 278 may go upto 305
TGT 288/297
Keep on radar exide.
Disclaimer: Ideas for learning Only.
JINDALSTEL buy at 297 , low probability tradeI will look at buying JINDALSTEL because :
It is at the resistance and that resistance after 5 years
Low probability trade .
Entry : 297
Target : 350/380
Stop loss : 274
Jindal Steel: On verge of a Major BreakoutWe may be under the impression that Jinal Steel and Power has rallied enough as it has reclaimed the highs of 2017-2018. However, if we look at the long term charts it is on the verge of a 5 year breakout. It can do 550+ on a positional long trade. Stop loss if it closes below 21 EMA on closing basis.
Buy Jindal Steel Buy Jindal Steel ..Stoploss 292 Target 315-318
Study: Symmetrical Trianle Breakout and Retesting
jindal steel and power chart analysisjindal steel and power chart analysis for intraday and swing trading
Jindal Steel & Power is a good long for medium term.1. Broke the resistance on 7th Jan, converted the resistance into support on 8th Jan. Good entry point.
2. MACD crossed bullish on 5th Jan with Resistance break out confirmation on 8th Jan. Good buy.
3. RSI well above 65 on last close. 3rd positive sign here.
