Symbol: JINDWORLD
Chart Pattern: Previous Break Out Retest
Observation: During Break out time rised with volume and correction pullback with low volume.
Disc:Chart display is only Education Purpose.Not Buy or Sell Reco.
I am not sebi reg Research Analyst.
JINDWORLD has recently exhibited a significant breakout of its falling trendline accompanied by substantial trading volumes on 28th February 2024. Currently, the stock is hovering around a level that previously acted as a resistance. Interestingly, the stock retraced to test the breakout level with notably lower trading volumes.
📊 Key Points to Consider
...
DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and...
Jindalworld is looking very strong.
It is a confluence of horizontal and trendline breakout with heavy volumes.
Valuation is not justified.PE>100. Not a good fundamental pick but purely a technical pick.
BUY JINDWORLD PRICE @ 333 44% ROI EXPECTED
Buy1 cmp entry @333
Target 1 @476
ROI 1 @44
Buy2 Pending entry @235
Target 2 @476
ROI 2 @101
Our Unique Features
—————————————————————
1. Follow our 10 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 1% Risk Management Per trade.
4. Risk vs Reward...
📊 Details
Jindal Worldwide Ltd is engaged in the Textiles Sector and the main business activities are related to the manufacturing of Denim fabric, premium shirtings, yarn dyeing, bottom weights and home textiles through its various internal divisions
Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered...
JINDWORLD | TRIANGLE BREAKOUT | SWING TRADE
CHART ANALYSIS
1) Ascending Triangle Breakout
2) Volume Breakout
3) Breakout - Consolidation - Breakout
Trade at your own risk and this is only analysis
Jindal World Cmp 342 dated 31.5.2023
1. Reversed from Support Line.
2. RSI Reversal
Buy above 345 target360-380-400-435 SL 324
It is just a view, please trade at your own risk.
Analysis Criteria Used:
1. Please find the Chart Analysis done for the Swing Trade Idea levels for 14th May, 2023
2. The analysis for the Trade ideas, has been done based on Trend analysis and Chart Patterns with Volume Buildups
Focus On:
1. Always keeping your Risk Management in play
2. Using a Stop Loss; because it is your Best Friend
3. Always Plan your Trade...
