JINDALSTEL.JINDALSTEL. has formed twice inside bar pattern ...as per the inside bar trading strategy the stock has to finish the down side target .
JINDALSTEL trade ideas
jindal steel in week If someone wants to buy for a long stock with Jindal steel. It will show us these levels coming month or week 460 476 497 and 513
when the pattern breaks then you can buy although you can wait
RSI DIVERGENCE RSI Divergence on Hourly chart
Negative RSI Divergence
Short JSPL with tgt of 540/525
JINDAL STEEL & POWER : Upward trendNSE:JINDALSTEL shows strong buy indicated by PSAR, MACD & Fisher crossover.
Target 1: 569.20
Target 2: 581.15
Stop Loss: 542.75
𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
JINDAL STEEL , TRIANGLE PATTERN, 1HJINDAL STEEL forming the triangle pattern, waiting for the breakout.
if it closes above the Resistance line , bullls might take charge,
if it closes below the trend line support , bears might take control.
Right Now we cant decide the trend, we can decide only after the breakout.
And we have to be careful with False breakouts.
Purely Price Action.
JINDAL STEEL IN CLEAR STAGE 2 STRUCTURESimple price action movement in Jindal steel with clear stage 2 rally . watch price action after every consolidation . Even nifty under performing Jindal steel showed its strength . Rectangle breakout expected , reference point is metal index price movement. also use 50DMA in hourly will give exact entry and refer 30DMA for exit . Happy trading.
Jindalstel @ 530 is preparing for breakout again target 550Jindalstel @ 530 is looking good for fresh breakout, buying range would be 520-530 and target 540/550
Jindal Steel & Power ready for the uptrend!🤩💸🔥Buy Jindal Steel & Power for Positional Trading as well as Investment.💸🔥💸
Comment your views‼️😄
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✔️ Technically & Fundamentally Strong💪💪
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💎@technofunda_trader
Few Important rules from my Trading Philosophy:
1. Don't compromise on the quality of stock.
2. Buy right, Sit tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar issues.
3. Don't invest more than 5-7% in any stock & more than 25% in any particular or related sector. If stock is risky don't invest more than 2-3%.
4. Build position gradually as the stock rises.
5. Trade in the direction of the bigger trend.
6. Ride the trend, don't sell your winners early.
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Jindalsteel stock for #intradayJindalsteel week below 524
on 15 Min timeframe jindal steel week below524
Rounding Formation pattern BreakoutOn the weekly chart, the stock has confirmed “rounding formation” pattern on a weekly closing basis. Rising volumes on breakout indicate rising volumes
This buying momentum was observed from 100 and 200-day SMA and rebounded sharply Jindal Steel & Power Limited Weekly Chart
The stock is well placed above its 20, 50, 100 and 200 day SMA which reconfirms bullish sentiments
The weekly “band bollinger” buy signal reconfirm positive bias
The daily strength indicator RSI is in bullish mode along with positive crossover which supports rising strength in near term.
The above analysis indicate an upside of 565-590 levels.*Holding period is 3 to 4 weeks.
JSPL weekly breakout doneBuy JSPL 510-525 for 560/575 and 630. invalid below 475 on weekly closing basis. Classic weekly breakout stock
JINDAL STEEL AND POWER FORGING AHEADWith the overall metal sector giving a breakout on the charts, a few stocks are lagging behind and a few are fueling the rally and one among them is JINDAL STEEL & POWER ,the stock had earlier rallied with the metal sector and after a wide range low volume consolidation of about 10 months the stock has given a breakout ,it is not suggested to immediately jump into the stock ,instead wait for a potential retest/pullback around 475/500 levels as the RSI has entered the overbought zone . the medium to long term targets could be 550/600/700
Vora Trades: #4 JINDALSTEL: BreakoutI have already entered the trade a while ago but forgot to add it here. There are some nuances in this trade that my followers would know. If you see 3 green candles in a row, wait for a pullback. I have added the link to the TradingView article which explains this concept in thorough detail, please refer to the same and all questions are welcome. My entry is premature because of my experience in the market and I could sense this move. This is not advisable. Please do not copy my trades, for I am not responsible for the losses incurred. This is strictly educational material.
Jindal Steel & power Long idea It forms continue falling wedge pattern .It can long for target 600 and 650 soon add more if come down to 504
Jindal steelCan go long, range break out + secotor look super strong , can easily achieve the given target in short term.
Jindal Steel Ready for BreakoutNSE:JINDALSTEL
Jindal Steel is Ready for Breakout but you should only consider this if the resistance level breaks with High Volume .
Analysis | Momentum Candle | Triangle Breakout | EMA | Volume | Positive Momentum in stock, price given a triangle breakout and currently at resistance level.
In past three past session, hammer followed by indecisive candle and momentum candle created with rise in volume.
Entry will be resistance breakout in daily chart, stop loss mentioned in chart and target as per price actions.
Note : The price is above all key moving average.
Thanks
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalJINDAL STEEL & POWER
Chart in uptrend and broke important resistance level of 350
Stock after breakout consolidating in a range & bounced from 61% fib level
Also Flag pattern formation on chart
if sustains above 500 then we can buy for short term trade with sl below 450 DCB
target 600, 750
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
NOTE:
In case of Gapup or Gap down then avoid setup
Do your own analysis before taking trade
Above levels are for education purpose only
Flag and Pole breakout in Jindal SteelCHART -> JINDALSTEEL WEEKLY SETUP
As seen per the chart, Flag and Pole breakout in Jindal Steel.
First hurdle is to cross all time high of 501, so that will be our first target. Next target should be around 750. Since it is a weekly chart time period is 3 months to 1 year. Stoploss should be at 375 on weekly closing basis.
Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.
Jindal Steel.... There is a chance........Keep an Eye on it..It can be a good trade because Stoploss is very less. Risk Reward Ratio will be good.
Breakout in Jindal Steel & Power Limited...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
#JINDALSTEL - Potential Breakout idea#JINDALSTEL - Potential Breakout idea
CMP - 479
Only Above 505
Next Levels can be expected 550 & 650
View will be negated below 364
Disclaimer : We are not Sebi registered analyst or Authorized analyst
The charts / Levels / Price projections are only for educational purpose.
This is our personal view, Pls consult your financial advisor before taking decision - Buy / Sell
We will be not responsible for your profit and Loss
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