JSW STEEL BREAKING OUTPrice has broken out of a triangle pattern, looking very lucrative, would wait for closing and then decide if to go long or not.
JSWSTEEL trade ideas
JSWSTEEL . Breakout and RetestingCmp: 676
inverted head and shoulder
target 1 : 730
target 2 : 770
Longterm 840
Educational Purpose
JSWSTEEL - Fresh Uptrend BreakoutPreceding Trend: Down
Time Frame: Daily Chart
Pattern: Breakout of Downward Channel
Bullish Reversal
Observation:
Total 5 touch points
3 touch points on highs
2 touch points on lows
Partial Decline making Higher Low confirms beginning of fresh uptrend
Breakout on decent volumes
25% potential upside from breakout
Pattern fails, if price closes below the higher low of partial decline
JSW STEEL LTDBull Flag patter formation on JSW STEEL on a daily timeframe ! Buying above ₹730 Long trem view ! Risky can enter ₹703 ! Sl ₹562 ! TP min ₹1000 !
🚫Disclaimer:
I'm not an financial analyst! I'm sharing this with public! It just learning purpose only! If u find anything wrong with this post ! U can tell me ⬇️ comments!
Thank you!!!
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Head and Shoulder identified & Rally in next sessions JSW Steel is ready to rally upside with 90 points in next coming sessions as the head & shoulders identified and breakout expected.
JSW Steel at resistance levelDear Friends,
Look JSW STEEL chart.. JSW Steel at resistance level if tomorrow it will break trend line and sustain 675 level than first target will 700 and second target will be 735
All level mentioned on chart for your reference.
Regards
Kirit Chavda
REVERSAL FROM SUPPORT JSW STEEL has taken support and reversed making a big green candle ..
it has also taken support from 200ema ..
since 7 months the stock has traded in range between 595 to 772..
enter above 643 with 617 SL for a shorterm target of 700 and above
JSWSTEEL wedge patterna long awaited breakout from consolidation we can also see falling wedge pattern which is bullish pattern RSI is showing buying momentum
REDZONES are target and GREEN one is stoploss
take your trade with your own analysis
JSW steel Took Breakout Education Purpose only not for Trading
Jsw steel took Breakout, I believe there will be pullback next Target will previous Resistance
Swing Entry in JSW steelMy SL is 4% and 1st TGT is 5% and 2nd TGT is 12%
I will see the price Action and make changes according to it..
Thanks! comment down your stock for analysis.
NSE:JSWSTEEL
JSWSTEEL BreakoutSuper pattern formation is JSWSTEEL.. Only need is volume.. If volume Support JSW Give super return.. Entry on closing basis only
JSWSTEEL | Channel breakout - Looks potential for 15%JSWSTEEL | Channel breakout - Looks potential for 15%
CMP : 686
SL : 630
Target : 775
1:2 risk reward setup
Technical Analysis on JSWSTEELJSWSTEEL looking good for short term.
Entry: 680
SL: 665
Target: 725
R:R 1:3
JSW steel possible breakoutNSE:JSWSTEEL
observe bullish breakout in jswsteel above the trendline in coming days
Buy at 671 SL 662 TGT 675 and 680Suggestions are based on my analysis only. Please do your analysis before taking any trade.
JSW Steel -- Very good StructureAbove 470 it can show a strong move.
with 650 as SL, do your own study before entry or exit.
getting readyAdd this to your watch list as this forms a good descending triangle pattern . look for BO and take decisions accordingly!
Jswsteel Price action AnalysisThese are the crucial Resistance and support zone in the JSW steel chart.
On weekly tim frame it looks like flag pattern.
JSW STEEL GOOD FOR SWING forming a wedge pattern jsw steel seems to be ready for breakout and can give good target in short term swing
JSW Steel - symmetrical triangleHi Everyone,
JSW Steel (one hour Chart), symmetrical triangle pattern formed. Once the price breakout this pattern. A strong bull or bear run is expected.
Note: kindly do your own analysis before making any trade decision.
Regards,
Ivy Venture,
Research Team.
EXPECTING TO WITNESS A BULLISH MOVE IN JSWSTEEL As per the 1 Hour Chart of JSW STEEL, we can see a beautiful Formation of "Bullish Harami" on the downside levels of the stock. Therefore, we are expecting a bullish momentum in JSW Steel in the upcoming trading sessions. Wherein it is being expected to face a resistance initially at around the levels of 662.25, 670.35, and 678.55. Whereas, on the other hand, on the downside levels, the stock may face a support at the level of 652.30, on closing basis. Closing Price (as on 21.12.21) : 658.50
Disclaimer: No financial information whatsoever published here, should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter published here is purely for Educational and Information purposes only and under no circumstances should be used for making investment decisions. Viewers must consult their personal financial advisor before making any actual investment decisions, based on information published here. Any Investor or Trader taking decisions based on any information published here, does so entirely at its own risk. Investors and Traders should bear in mind that any investment in Stock Market is subject to unpredictable market-related risks.
JSWSTEEL LONGI hope you can now see how JSWSTEEL represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
