JINDALSTEL trade ideas
Jindalsteel short below 157Pinbar at strong resistance can see downside
Below 157 with sl of 159
for 155-153
Jindalstel - ready for long, buy if crosses 145Ready for Elliotte wave 5 - go long
Has made a cross over of 8, 13, 21 and 55 sma
If it crosses 145 then buy for target of
TGT 1 - 152
TGT 2 - 156
SL - 138
JINDALSTEL (Jindal Steel & Power Limited) BUY ABOVE 150JINDALSTEL (Jindal Steel & Power Limited) BUY ABOVE 150
Update on JindastelSo far Jindal moving as we predicted now all the left is to see how soon it's soon start it's bullish move....Infact it has already started (y)
JSPLsee my last chart.. and see now.. reversed right from where i had expected. now few good things hidden. see if you can identify..
JINDALSTEL (Jindal Steel & Power Limited) BUY ABOVE 142JINDALSTEL (Jindal Steel & Power Limited) BUY ABOVE 142
Jindal stel - trend change above 135.1Jindalstel formed a doji at bottom and then a bullish candle next day, buy above candle high of 135.1
Parallal Channel Interesting LevelThe Stock is forming Parallel Channel nicely. It is at the interesting point so one can watch the stock and trade accordingly. Budget speech is over so volatility would be normal now.
JSPL:IN - Dlog- @ gann support. Worrh trying counter trend longs@ gann support - market looks dicey though.
Jindalstel Long buy Been observing this boy for sometime his movements and this analysis for the upcoming week.
JSPLfavorable RRR if in zone 100-125 or below. soon ll give an buying option although it can reverse from anywhere (may be sooner). no position for now. long is the way to go.
Cup and handle formation on jindalsteel?I think this structure is a cup and handle formation, this could be very bullish for Jindal steel. I'll wait for some strength and buy it for long term.
Jindal steel | 1h | shortjindal steel looking weak.
short on it.
stop loss at 161
targets: 155/150/144
Best of luck
JINDALSTEEL possible long setup soonJINDALSTEEL is in a parallel channel from a long time, it is also forming a smaller parallel channel inside the big parallel channel, I might try to long when and if the price reaches the bottom of the smaller channel, or on the breakout from the smaller channel.
