JSW STEEL_ON MAJOR TRENDLINEJSW STEEL can continue bullish momentum.
It is taking support of major trendline starting from COVID fall. Also, it is is forming a flag which has probability to move upside.
JSWSTEEL trade ideas
LONG ON JSWSTEELTheir are more logics behind the technical trend followed by the JSW Steel,
#drop in #petrol prices.
#demand in metal sector
#respecting trendline
Movement Expected.
Buy at 597 SL 571 TGT 633 and 643Suggestions are based on my analysis only. Please do your analysis before taking any trade.
Buy This stock is currently at a good support. Good opportunity to buy. Happy investing. Invest at your own risk.
JSW Steel Bear GripJSW Steel Under Bear trap.. with H & S formation
Impulse move breakout happen
concentrate if sustain below 624 in daily
jswsteelNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
JSW Steel Pattern Breakout (Bullish)> We can Buy If Price Sustain Above 700
> 1st TGT is 780
> SL If candle closes below 665 (Only after We entered above 700 with Confirmation)
>Support will Become Resistance and Resistance will become Support once the level Breaks.
*Always Enter With good confirmation & Maintain proper Risk Reward.
**********Educational/information purpose only **********
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buy jsw at 688 for shortermbuy jsw at 688 and keep target of 730/760/800 in shortrem and keep stoploss of 628 .stock is gaining from 5days when market was falling stock was trying to go up and stock was acrossed 44 moving average in daily chart and formed bullish candel on daily chart
JSW Steel either side trade opportunityJSW Steel - either side trade opportunity
If breaks out above TL, bullish
If breaks down the zone, bearish
Plant your trade accordingly
JSW Steel is on the edge of Support Trend lineJSW Steel is on the edge of his support trend line below @ 640 level, hope that on Monday it will break it's support level because We had seen a breakdown of Trend line on Nifty metals during the last trading day. Just refer my another idea related to Nifty Metals for more information about that breakdown level.
jsw steeltrade based
* weekly sideways
* hr triangle pattern formation.
when market break the pattern based on that decide the trade
JSW SteelLong can be initiated at CMP with SL of 649. It is also at support level and stronger than other candidates
JSW Steel looks weak…JSW Steel looks weak…
Reasons/Traits :
• Ascending triangle formation seen
• Below 50 EMA
• Price moving between 0.236 and 0.382 retracements levels since few days from recent high
• Constantly falling RSI
• Force index 3 is greater than 0 and Force index 13 is less than 0
• ADX negative is greater than ADX positive
What can happen next :
Scenario 1 : Price sustaining above 690/692 levels can take it to 700/720/730/740/750/760 levels
Scenario 2 : Price break down below 665 can take it down to 645/630/610/595 levels
Sharp movement can be seen if training pattern is broken
Disclaimer : This analysis is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you!
jsw steelsymmetrical triangle pattern formation .
if breaks will see good upside movement
not any recommendation
Symmetrical Triangle @ JSW STEEL LTDI spotted a symmetrical triangle in 1 hr timeframe @ JSWSTEEL. The Lower Hoghs and Higher Lows indicates a perfect Symmetry Triangle. Tommorow if it opens with a gap up or a breakout it would be a great Longing opportunity or vica versa…
NSE:JSWSTEEL
JSWSTEEL Looking Bullish * THIS IS NOT A RECO, JUST AN OBSERVATION *
JSW Steel looking bullish. Forming a W pattern near on Daily, and 75 minutes Charts and broke the resistance today. Next resistances are at ~693 and ~723. Once these are taken off, the price will reach to ~760 levels.
Jsw steel. Underperformed for a long time. Its time to buyJsw steel underperformed against its peers for 6months making a range consolidation. Time to buy
JSW STEELtwo possibilities are there
if breakdown then will see fall
in in range then upside movements
thank you....!
JSW STEEL forming flag and pole pattern on weekly chartsJSW Steel forming flag and pole pattern on weekly charts , once the upper trend line of flag is broken , this could go very high
Jsw Broadening Wedge I am a bit neutral on this idea untill I see a strong breakout from the demand side.
After a strong breakout, please enter only after retest.
