JSWSTEEL trade ideas
JSWSTEEL NEXT TARGET 660JSWSTEEL Breakout happened in a lower time frame i.e on 15 minutes.
So the next Target expected for JSWSTEEL is 660
IN my previous calls, I explained about the movement of the BPCL, ADANIET and JSWSTEEL. Check my prev calls.
Explained about SL and the Target in the video posted in TradingView
Tradingview ( TanujaK) is my profile.
NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
NOTE: RESPECT The risk. SL should not be more than 2% of the capital.
Happy Trading
JSWSTEEL BEARISHjsJSWSTEEL Closing 680.5 with stoploss 710 then targets are 610.
Selling Reason.
1 --> Price Action is Negative and Closing Below 200 EMA.
2 --> RSI is below 40.
3 --> ADX is Showing Bearish Move and -DMI is rise.
4 --> Volume is also show the negative move and ready to cross the average volume line.
5 --> Also Break the Channel Range.
#JSWSTEEL @JSWSTEEL JSWSTELL 5% movement downward
#JSWSTEEL @JSWSTEEL
JSWSTELL 5% movement downward
The expected target is 692 5% profit
NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
NOTE: RESPECT The risk. SL should not be more than 2% of the capital.
Happy Trading
Triangle PatternIn technical analysis, a triangle is a continuation pattern on a chart that forms a triangle-like shape.
Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure.
There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles.
Script = JSW steel
Time Frame = 15 min