Happy learning with trading. I just shared my view. If correct give me one like. If not, correct me. Points to Note: 1) parallel channel breakout POSSIBLE on weekly CHART time basis. 2) safe trader wait for trendline support area to enter long position around 770-780. 3) risk traders wait for CMP 815-820 if gap up opens. I just shared my view. Disclaimer: I am...
- The upper wedge line reached the maximum narrow area so, the price action moves to bottom line, which is also being narrow so, there is no space for rising further. Hence, the stock might come down. This analysis is for learning purpose only. It is just a view, please trade at your own risk. I'm not SEBI registered adviser.
I Observed these Levels based on price action and Demand & Supply which is My Own Concept Called "PENDAM CONCEPTS" ... Please Don't Take any trades based on this chart/Post...because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank Q
A Perfect "W" pattern on 1 day time frame & neckline is at 738 if breaks then 764 target can be seen in coming days then to 747.
#JSWSteel DTF price touched support and reversing to bullish move. price forming HH, HL from Jun'22 (WTF) now it took support from long support line and closed with good green candle with ok volume. good for swing trade Entry - CMP Target - Previous resistance Stoploss - below support line
📊 Script: JSWSTEEL 📊 Sector: Steel 📊 Industry: Steel - Large Key highlights: 💡⚡ 📈 Script is trading near middle band of BB. 📈 MACD is giving crossover . 📈 Double Moving Averages will give crossover soon. 📈 Right now RSI is around 54. 📈 Stock is trading into narrow range which means consolidation which is highlighted into chart. 📈 Stock is trading between 794 to...
JSW steel has posted excellent results on daily charts , price is Bouncing from 200 day EMA on weekly charts -hamer formation at the previous breakout trendline target and SL marked
Share is in a bullish view, having a some insiders news ,bullishness continues after 847 rupee above.....T-1 @ 870 to 885 , T- 2 @930.
JSWSTEEL we missed the trednline breakout. But now we can focus on the flat patter breakout above 835 closing can lead to good 12-15% rally.
Date : 03-03-2024 Buy JSW Steel above 848 & 871 Target of 894-917-961-987-1009-1057 SL 806 Strategy : SBO + RSI > 60 + EMA above 20 & 50 Duration few Months Please consult your financial advisor before investing All research for educational purposes only.
FUNDAMENTALS : 1. Qtrly Sales growing as compared to Sales in corresponding Qtr in P.Y. 2. OPM at 17% V/s 11% previous year 3. Caution : Price to Book value is High as compared to its peers Technical: 1. Price confirmed breakout and retest of Ascending Triangle on weekly chart. 2. Price Took support of trend line on weekly chart 3. 20 week SMA support at 810...
JSW STEEL:Has formed a double bpttom and positive DEMA Crossover suggests a move towards 870+(For educational purpose only)
JSW steel consolidation in day time frame. if breaks the consolidation zone can reach target of 880
Buy from cmp 815 sl close below 810 easy tg - 850 Not suggested Disclaimer : This is my personal analysis for study purpose not intended for trading.
NSE: JSWSTEEL is closing with a bullish consolidation candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 13% gain on...
JSW Steel long indications Stock has been moving along with the support lines since a long time, now showing some momentum on the up from those lines. Red line is very long term resistance levels. Looking for previous high of 893 to break for it to show some new highs with levels of resistance at 1050-1070. Only if it sustain then can give good momentum. If not...
JSWSTEEL- VCP in Making X weeks X Range above 144 1) SeemS perfect Entry 2) 20 % Gain quick 3) LEts see Note: 144 * 1.10 applied